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Share Name | Share Symbol | Market | Stock Type |
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Serinus Energy Plc | SENX | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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2.65 | 2.65 | 2.65 | 2.54 |
Industry Sector |
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OIL & GAS PRODUCERS |
Top Posts |
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Posted at 19/12/2024 13:38 by researchcentre123 Here's a good business plan. Get to run a company. Promise the earth and raise money. Spend it all on wages and delay all projects as they might need cash which puts your salary at risk. When you're out of cash, raise some more diluting shares further for salaries and give yourself lots of shares in the company. Buy a few shares now it's truly undervalued and investors are bailing on you. Perhaps then sell something to a mate, and use that money also for salaries. Don't waste money on shareholders even if there's a chance of dividends What's not to like. |
Posted at 29/11/2024 09:56 by researchcentre123 I agree but the issue is Auld is incentivised just to look after himself - I can't see many companies in a hurry to employ someone who has run through that much capital and makes a loss at the end, so once sold he is unemployed. So I can only see partial sales of assets, with the funds used to pay salaries. I actually wonder whether the WIP has any hope, or they want it delayed to look like there is some potential. Best of aacourse would be if Xtellus and some other shareholders got together, made a sales package and went around hawking it, but I'm not sure if they're that sort of company. Needs an activist investors really. |
Posted at 20/11/2024 17:40 by researchcentre123 TBH the only game here is will someone take it over - clearly Auld has run things into the ground and is not capable of chasing contractors or making stuff happen. Xtellus don't look in any hurry to overpay and seem to be more passive than activist investors, which leaves us with Auld. His main skill seems to be giving himself more shares. There is no real evidence that he is doing anything any better than the last few years |
Posted at 11/9/2024 07:45 by researchcentre123 Is Mr Leslie (just sold) connected with the company or just an investor? |
Posted at 28/5/2024 08:51 by sheppie888 Even if they are doing anything in the background Auld's arrogance towards investors and what seems like a deliberate lack of action to prevent price decline is simply shocking. Just tells you a lot about this greedy fat cat personality |
Posted at 22/5/2024 19:53 by sheppie888 I have just around 2m altogether, if we get better organised with UK investors we can call an EGM and force some buyback/dividend/RTO to the main market? |
Posted at 27/11/2023 09:47 by tomboyb Investor meet in 15mins -Lets see what they have to say - Will I look to buy more? - Not really - I'll wait to see what they have to say for future developments - Poor management - ! |
Posted at 23/11/2023 09:55 by tomboyb Presentation next week - (27th)Around 15p of asset value here - Investor Meet - |
Posted at 06/11/2023 08:03 by tomboyb Looks like the 1.25million buy was from US investors now up to 5.47% - |
Posted at 03/11/2023 07:15 by sheppie888 Since the drop in mid August someone is buying without lifting th price. In total nearly 70% of all shares issued in London were traded (purchased) since. just quietly taken over this business for peanuts from frustrated investors like Sneller....? |
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