The Warsaw Stock Exchange went out onto the streets of Polish cities and on 58 external screens show stock market ratings. This is a way to popularize the stock exchange and encourage you to get closer to its mechanisms. On Friday, September 26, he could pay attention to the course of one of the companies, which lost over 60 percent. We explain what's going on.
“What a time. In the past, the street was on the WSE, and now the WSE goes out into the street” – this is how my editorial colleague Krzysztof Kolan commented on the new stock exchange campaign promoted under the slogan WST 24/7. As part of it, in the largest cities in Poland, the WSE in cooperation with the Screen Network on 58 screens presents stock information.
The stock exchange goes out to the street of Polish cities
Every day between 9:00 and 10:00 and 16:00 and 19:00, WIG, WIG20, MWIG40 and SWIG80 indexes are presented. The current state of the market is also displayed – the highest increases and declines and companies at the highest speed. In addition to current data, there are also short educational content explaining the mechanisms of the stock exchange. “This is a modern way to popularize knowledge about the stock exchange and encouragement to be more interested in market mechanisms” – informs the WSE.
The Warsaw Stock Exchange goes out into the streets!
The WSE 24/7 project has started – Questions, charts and financial education available on 58 Screen Network screens in the largest Polish cities!#GPW #Dooh pic.twitter.com/tqqae7xdlb– WSE (@GPW_WSEXCHAVEN) Seprsege 24, 2025
It is worth saying about a certain mechanism especially on Friday, September 26. Well, in the section on the current market status, city screens showing the greatest increases and decreases in exchange rates, probably show the FON and its discount course, which at times reached 64 percent. While Rainbow Tours, whose shares after financial results were cheap on Friday by over 9 percent, a lot of passers -by can associate with holiday trips, FON is a company whose name probably says little.
Liberation screen and a drop in the course by over 60%
This Estonian company, controlled by the Polish investor Mariusz Patrowicz (via Patro Invest Oü), which, among others As the only Pole, this year he was at a dinner published by US President Donald Trump for the largest $ Trump cryptocurrency owners. FON operates financial holdings. The main source of income is interest on loans granted.
In addition, as an Estonian company, controlled by the local supervisor on the financial market, She is known for her shareholders, she assigns bonus actions. This is operations at the company's share capital, as a result of which shareholders with a certain number of shares receive free, proportional packages of newly issued shares.
Shares reproduce and their price on the stock exchange is divided. However, before the changes to the capital occur, the shareholders adopted by the General Meeting of Shareholders occur, and later they will be registered by the Estonian court, and the actions placed on the market will start a speculative game on the stock exchange, about which we have already written several times, including In the articles “What happened to the course of the Polish company? Actions increased by nearly 200 percent at one session” or “fireworks on the WSE before New Year's Eve. The company calls for thoughtful purchases of its shares.”
The procedure has been repeated every year for several years. The last time the so -called Record Date, according to which the right to receive bonus shares is determined on January 17. Learned by the experience of previous years, the Stock Exchange Board this year decided to slightly hinder the speculative trade on FON shares and did not allow continuous shares without placing a bonus shares on the market. This meant that from the first day of quotations without the right to bonus actions (on January 16, according to the principle of transaction settlement), FON papers were in the system of uniform quotations with one determining the course.
In the uniform listing system, the conclusion of transactions is made only once during the week – on Wednesday (unless the stock calendar disturbs days without sessions). The procedure meant that the exchange rate in a speculative trade with the brake has raised over a few months by about 630 percent, and not by nearly 3000 percent. in as two years earlier.
The condition with notes once a week lasted until the day of the introduction of the stock exchange of bonus shares, which took place on September 25 (Thursday). Thus, from Friday, September 26, over 62 million new shares entered the market and the classic law of demand and supply has worked. There were so many people willing to sell a huge number of papers received for free that the exchange rate collapsed by over 60 percent.
On Wednesday, September 24, the last time FON shares were listed in a uniform system, the course did not change (0.0 %), and only 1500 of the shares were traded. On Friday, when daily trade was restored in the continuous listing system around 2:00 pm, 3 million shares were already traded, and the value of trading amounted to about PLN 1 million.
Repetition of entertainment on the WSE
Of course, this is not the end of operations at the company capital of FON, because Like a year ago, after the formal end of the issue of bonus shares and allowing them to marketing. The general meeting of shareholders used was convened on October 16.
If the broadcast of bonus actions filled the features of the shares of shares (this is how it was treated from a technical point of view by the WSE), then their redemption will be the opposite procedure, meaning to merge several actions into one (so -called respsilit), in this case 10: 1. (Funny that the model of the company's resolutions changes every year in principle only in terms of bonus numbers of shares and then changes regarding their respect, and routine, as is known, can lead to errors; PS “fifty” was a year ago).
Like a year ago, the Invest Oü Patro, renounced his joint -stock rights free of charge to shareholders with merging deficiencies to the extent necessary to cover these deficiencies, But this time, the proposals of the resolutions contain the idea that only the Invest O Oü Patro receives 1.50 euros from FON for each discontinued action as a result of lowering the share capital. In total, this means over EUR 2.2 million paid by Patro Invest. You can read more about the repeated scheme in the article “How did the Invest Patro earned on FON?”
Looking at the stock market ratings “in the city” may feel confused, seeing such a large distribution on the course only at one session. However, the stock exchange is also a risk in various forms. For example, it may happen that the main shareholder will find a way to pay money from the company without minority shareholders.
Michał Kubicki
