Member Info for Serif

What do you base that speculation on?

Actually I see that the prices were marginally different - so maybe a bed and isa?

Perhaps more likely to be a rollover trade than 2 sells.

DR - it’s the Stock Exchange at fault not this site as other sites also affected - the incorrect SP quoted reflects last SETS trade - only one today a tiny trade @2.80p. It’s a nonsense, but as no one seems to want to do anything about it, we can at least guess that it’s not causing the MMs to lose any money!

Longfellow- it’s not just this site, it seems to be a stock exchange issue since we went on SETS. The SP quoted is now based for some reason on the price of the last SETS trade made (coded as an A rather than O trade on LSE) - and this “by chance” almost always seems to be a sell. It therefore has little relationship to the actual SP or the actual percentage increase in SP which is also consistently wrong based on the last SETS trade price. Beyond me though why they can’t correct this simple error, just don’t seem motivated to do it.

Knocking on the door all day long and finally closed above the 3.25p line.

Certainly some very heavy buys over last half hour.

Size of opportunities, range of opportunities, expert advisers and relationships for each region, cash in hand, size of financial backing, strategic partnership with Lost Soldier with revenue this year, commitment from US billionaire oilmen and team/followers etc.

Interesting how the unexpectedly early US listing has caught some people by surprise and generated an uptick of apparent anxiety.

If you can’t see the potential here after all the company has built and invested themselves, then you simply don’t have to invest - there are plenty including billionaire US oilmen who do.

Suspect some will know, others will not have picked up on it yet. But Marc Bruner never seems shy about publicity or promoting UPL so suspect interest may accumulate over the next few days …

@EB - just because they’ve moved to sets doesn’t mean it should be constantly wrong data being provided. On this occasion all sources I can see are giving our SP based on an uncrossed trade at 0800! As a result LSE thinks we have risen only a couple of percent whereas it’s nearer 10% - this effects the share profile in the market.

Bid 2.97, Ask 3.10, SP 2.90 - how does that work? Our SP still seeming set by the lowest trade of the day - what a mess this system has been in for last 2 weeks.

Things starting to move very quickly this year - 2 rns since last night’s close - both pointing to significant more US investment. New listing is a month ahead of schedule so may catch a few unawares and put an early stop to some of the games being played with the SP.

Everyone else seems to do placings at 20% discount to SP - UPL only does them at 10% premium! That’s a lot of people willing to put up their money presumably for good reason.

Even if temporary it’s nice to put our heads above 3p for some air!

Whatever was strangling the SP seems finally to have loosened its grip!

I believe that both sides have agreed to abide by the result, and as Malaysia is 8 hours ahead we should hear the outcome early Monday if it is published then - but who knows when lawyers are involved! I think just getting the dispute settled is probably more important for us at this stage than what is actually decided - frustration has been growing in Sarawak (as well as here!) with the lack of progress on developing these potential assets, which the current situation is only exacerbating.

Maybe people taking a breather after last week’s news and the other shenanigans drove such high volume. Not long to next news though - Monday’s judgement could finally free up progress in Sarawak.

Looking at the trade that seems to have triggered the problem, it seems likely that this is teething problems at the Stock Exchange end with UPL moving onto SETS.

More gremlins on lse feed again today. It’s suddenly showing us down although the SP is clearly unchanged. In fact there has been healthy buying all morning with Buys outweighing sells by well over a million so far.