Member Info for ABUGFREEMIND

Sorry re my last post latest price in Warsaw is aroubd 0.775 and not 0.75 so multiply by 14.5 and gives a relative UK price of 11.24 approx. ATB.

Please find a copy of most of my post from October 2021.......Here is the article from Directors Talk Interviews dated 5th February 2021 and article heading is " Serinus Energy Note pricing anomaly between London and Warsaw listings."

Serinus Energy plc (LON:SENX, WSE:SEN) have noted that recently a significant difference has developed between the prices at which shares in the Company are trading on the London and Warsaw stock exchanges. Shares on both exchanges have the same International Security Identification number (“ISIN”) JE00BF4N9R98 and participate equally in the profits of the Company. Regulatory information is notified to both exchanges at the same time, and the directors confirm that the Company has notified all price sensitive information required by securities regulation in both jurisdictions.

The Warsaw Stock Exchange is a Recognised Investment Exchange whereas AIM is a Multilateral Trading Facility; the former requires a prospectus for the admission of securities whereas the latter does not. While the Company produced a prospectus, available on the Serinus Energy website and dated 26 September 2014, admitting 38,479,608 shares to trading in Warsaw, it has not been updated since. In total 78,629,941 shares have been admitted to trading in Warsaw. This means that whilst all 1,140,660,629 issued and outstanding shares of the Company are eligible to be traded on AIM only 78,629,941 of these shares are eligible to be traded on the Warsaw Stock Exchange.

So as at the 5th February 2021 the LSE traded around 14.5 times the shares in Warsaw. ie 1 140 660 629 divided by 78 629 941 By my calculations now with the price in Poland at approx 0. 75 this should be multiplied by approx 14.5 giving a price relative to the UK of 10.88. This is a rough calculation.

I know there has been consolidation since of 100.1 just to confuse matters but looks like the bottom line is that are far less shares traded in Warsaw which gives the anomoly. I used to hold shares here but sold at a loss towards the end of last year and was just looking in too see how Senx was doing. Hope this helps. ATB.

Now at 13.95 but I can buy at 13.9 . any ideas why this is?

Today's events do not surprise me. I will continue to hold though until I exit on a better price in the future. Started investing in stock market just over two years ago and my eyes have been fully opened to the overall widespread deceit and corruption that happens on the stock markets from the companies and their mates etc, to the market makers, to the wonga lenders, and so on . This is a mere observation after my own various experiences. Have learned a harsh lesson in life and can only wish these people who are involved future blessings in their lives. ATB.

Down another 2% on a 5K sell and then 35k in buys and share price does not move? . Will continue to hold though until I exit on a better price in the future. Started investing in stock market just over two years ago and my eyes have been fully opened to the overall widespread deceit and corruption that happens on the stock markets from the companies and their mates etc, to the market makers, to the wonga lenders and so on . This is a mere observation after my own various experiences. Have learned a harsh lesson in life and can only wish these people who are involved future blessings in their lives. ATB.

Amended post.Stt1 why are you posting on here as a TLY shareholder? Are you aware that one of our worlds biggest problems is when people try and force their views on others whether it be stock and shares, politics, religion etc. and these people are also usually 100% convinced that their opinion is right. Open orphan investors have made their own decisions whether to hold, sell or buy more shares. So might it not be a possibilty that you could be wasting your valuable time here and time (imho) is far precious than money. ATB.

Stt1 why are you posting on here as a TLY shareholder? Are you aware that one of our worlds biggest problems is when people try and force their views on others whether it be stock and shares, politics, religion etc. and these people are also usually 100% convinced that their opinion is right Open orphan investors have made their own decisions whether to hold, sell or buy more shares. So might it not be is a possibilty that you could be wasting your valuable time here and time (imho) is far precious than money. ATB.

I have this morning had a look at both the AIM and FTSE all share index. . Since last September the AIM index has fallen by approx. 1/3 of its value and the FTSE all share index has remained about level. The AIM share index has also fallen some 27% since the beginning of the year. I have been invested in a few AIM companies over this period and I am down around 40% on various AIM investments. I have sold most of these and still hold Open Orphan and Starvest shares. Does anyone know when the new alogirithims were brought in to the AIM for market makers as I intend to write to the AIM regulators regarding this matter. I am aware of various external factors in our world which has influenced markets in general but still think this should be looked into given the large discrepency between the AIM and FTSE index over this period.

Reply to my email earlier. Mon, 11 Jul at 17:25
Thank you for your email. I can assure you that the Company is well capitalised and will provide an update on their cash position at their interim results in September.

In the meantime, do not hesitate to get in contact if you have any further queries.
Kind regards,
Louis

Extrader- no bother, the more people who contact OO the better- as the company should be held to account by their investors- no matter what the cash figure is . The lack of clarity here is clearly not helping the share price IMHO. ATB.

Have just sent the following email to IR.
Hi Loius, I hope you are well. I am sure you are aware of the very poor price action once again on the Open Orphan share price today.. Could you please contact the company on my behalf to ask why an up to date cash figure was not published with the 2021 end of year Accounts. An up to date figure as at the end of May 2021 was published in June 2021 , with the previous year end 2020 Accounts. To be honest, not publishing an up to date figure this year raises some questions about Open Orphan's current financial position, and therefore some clarification here from the company could help to address the very justifiable concerns from not just me but for fellow shareholders who are invested here.
Some sort of answer here would be very much appreciated and I look forward to hearing from you.

I agree with extrader - More shareholders should be looking for answers here. ATB.

Thanks Bob- https://www.youtube.com/watch?v=vjD3EVC1-zU

A 10 million buy earlier this week and back down again to 12p.

Is this a strong buying signal for tomorrow? Who knows with all the games that seem to be happening.

£1m of shares at 12.50p and put through by MM's as unknown as to whether a buy or sell.

£1m shares

Great to see large buys again with a 4:1 buy to sell ratio for today. Why is the share price still down?

250, 000 buy at 12 after hours according to latest quotes on ADVN.

Ex CEO made a few mistakes in the past, especailly over promising, However, company is now very active in changing this. And unfortunately around 99% or so human beings can't forgive and move on from the past into the present. This very much includes those who run the financial markets. That is the way is. ATB.

FTSE 100 up today. Currently more buys thn sells here and down another 4.4% ?