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Longboat Energy Plc ( (GB:SEA) ) just unveiled an update.
Seascape Energy Asia has launched a retail share offer via the Winterflood Retail Access Platform, making up to 1.2 million new ordinary shares available to UK investors at 70 pence each. The offer, which carries a minimum subscription of £100, is open to new and existing retail shareholders through participating intermediaries and is expected to close on 26 March 2026.
The retail offer complements a recently completed £4.2 million equity fundraising through a placing and subscription at the same issue price, with all new shares subject to admission to trading on AIM expected on 30 March 2026. The move broadens access for small investors, aligns retail participation with institutional funding, and may modestly dilute existing holdings while supporting Seascape Energy’s capital needs and market presence in Southeast Asia-focused E&P.
The most recent analyst rating on (GB:SEA) stock is a Hold with a £78.00 price target. To see the full list of analyst forecasts on Longboat Energy Plc stock, see the GB:SEA Stock Forecast page.
Spark’s Take on SEA Stock
According to Spark, TipRanks’ AI Analyst, SEA is a Neutral.
The score is held down primarily by very weak financial performance (no revenue, widening losses, sustained negative free cash flow, and sharp equity erosion). Technicals are only neutral with modest near-term strength, while valuation is constrained by a negative P/E and no provided dividend yield.
To see Spark’s full report on SEA stock, click here.
More about Longboat Energy Plc
Seascape Energy Asia plc is an exploration and production company focused on Southeast Asia and listed on AIM under the ticker SEA. The company targets upstream oil and gas assets in the region and maintains an active retail shareholder base in the UK equity market.
Average Trading Volume: 147,232
Technical Sentiment Signal: Buy
Current Market Cap: £50.51M
Find detailed analytics on SEA stock on TipRanks’ Stock Analysis page.