Post by
geomanx02 on Jul 02, 2024 2:21pm
SEI for Sale?
Basically, SEI has to do whatever Custos does....have not seen a signal from either one that their 10% interest is for sale, as neither owner is promoting a sale.
SEI not keen on keeping shareolders in the loop....we are on our own to decide what the future brings and that may be why some shareholders are bailing...have considered doing so myself...
A multi-tier Galp transaction is not in SEI shareholders best interest...JMO and its free so don't sue me....
Comment by
MrMoMnyMgr1995 on Jul 02, 2024 3:38pm
"adding to the intrigue is speculation that a minority partner in Galp's sought-after acreage may also be open to offers" UpStream - June 13, 2024
Comment by
capconstrained on Jul 02, 2024 3:39pm
You've been claiming that a capital raise was around the corner ever since the stock was $0.10. You claimed the Namibia transaction was dilutive to shareholders. The day SEI ran above $1.50 there were multiple stories stating Custos was likely to sell its PEL 83 stake. I have no idea why you like stirring the pot.
Comment by
Rawkstar on Jul 03, 2024 2:17am
Geo: Custos is the decision maker - just like your wife. Rawk
Comment by
ExplodeTheBank on Jul 03, 2024 2:20am
Adding to the intrigue is speculation that a minority partner in Galp's sought-after acreage may also be open to offers!!!!!!! jmho