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Soon be 20p again at this rate
I think it’s more just a case of so many brokers can’t correct all of their information properly. Investing.com still showing a MCap of 70 billion, even I’d be shorting this stock if it had a MCap of 70 billion! And before you say about it being so easy to actually find the correct information some previous posters have asked here what the consolidation actually means while already being invested.
So where was all the institutional buying?
Perhaps rookie would like another discussion regarding the merits of SP vs market caps.
I expect more pain to be had on monday and we will be testing 340 on monday.
I think he meant when it enters ftse 250 not the price of 250p. God forbid if it goes down to 12.5p in old price terms!
i like the stock this happened to me on merger day price was 17p i couldnt buy untill 20p cost me £11k extra!
i will add more if harbour goes down i dont expect it to make new lows thou without negative news. im not unhappy with todays move as its allowed me to knock of 10% of my average which is now approx £4.30
rock, didn't understand your comment -
"im hoping a buy back once the creditors are out 250 entry will help"
are you saying you are going to add more to your current holdings if this goes down more?
Well AJ Bell have failed to get the shares back online all of today. Been trying to top up all day at these prices - I wonder if they’ve done me a favour. If past experience is anything to go by this will rocket the minute before I’m able to buy
large wall at £3.68 £120k of sells
no still hold rr lloyds bp tullow maybe 40 other positions, im not sure of the master plan im hoping a buy back once the creditors are out 250 entry will help divs will help $100 oil will help ha
rock, did you sell out RR and moved everything here? WIth the way travel is going and the price oil is at, it is a good move.
I wonder why Linda Crook proposed share consolidation now. Why not at the time of merger itself on April 1st?
Consolidation makes it more easier for the creditors to sell their 20 times of the shares but I think it was mentioned that market will be created such that sell of from creditor shares are absorbed? Lower production for the first 5 months this year also helped this go down. But all the maintenance is done now so from now on production should improve.
This share is still not into FTSE 250. That will not happen until September I guess? Once into FTSE 250, we might see good moves on upside hopefully!
finish between 372 ant 380
@rockylee yes sorry for the typo
I'm long till December and currently had my backside handed to me as I'm £850 down. It is however a December call so I hope it comes good.
17p is £3.40
Damn, I shorted it in a demo account and should have kept it in the real account. Would not close it before September when there might be a bounce for the locked in shares to escape. Consolidation is used to reduce market capital and increase liquidity. HBR has less shares in circulation than the old PMO at the moment, so we will expect volatility. It is a great time to take a right position here.
terrible volume today literally traded about £5 mill worth of shares lol
Wti at 73.61 now…
@rockylee thats pretty decent. This thing will go down but I think this next month will hit a permanent floor.
Im gonna be buying when it nears 17p (449p) but I doubt the downdraft will continue past end of next month.
Too much panic here but Im good to buy at 17p.
DYOR
i will keep freeing cash and averaging down im in now so it is what it is. i would be very surprised if we dont have a strong finish thou
Most of us very similar I image us old PMO guys
£4.21 me
21.5p or £4.28
@rockylee whats your average price?
im £113k in and im a dot 74k is nothing in a 3-4 bill company