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Serinus Energy in better shape than share price indicates


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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