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Shares in AIM-listed oil and gas producer and explorer Serinus Energy (LON:SENX) took a beating over the last few days as investors took an unfavourable view of the company’s third quarter results.

True, there were some reasons for concern but in actual fact, the company is in a better shape than the price drop would indicate. The stock is also listed on the Warsaw Stock Exchange and there the price has already started recovering, rising 3% Wednesday and another 2% Thursday after a favourable analysis from Renaissance Capital.

 

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Michael Morton

Michael Morton

Michael has worked within the Financial Industry for more than 20 years. Starting out as a financial analyst, he has extensive experience working with fund management groups and brokerages.

With an interest in Stocks and Shares, Funds, ETFs and Commodities, his investment focus is medium to long term gains, with the objective of financial security on retirement, and building wealth for his young children for their adult life. His broker of choice is Hargreaves Lansdown.

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