Hunting Share Price (HTG)

Taken a position in Hunting 72% down on year, £1.66 from £5.68.

I expect this to recover from here over the next 12 months, in terms of servicing the O&G sector it has the key connections and premium product offering.

O&G more than ever going will want the most effective and efficient methods.

Back to below £1.50 now!!!

" Initiating share buyback programme of 2 million shares, with an approximate cost of $8 million, commencing on 27 February 2020"

The sp has dropped 100p since that announcement, so they should end up paying considerably less than the $8m quoted. Personally, I would rather they returned spare cash to shareholders via increased dividends, but at least HTG are not drowning in debt like so many other companies.

Correction: SP has fallen from 400p to 200p in two months.

I do not remember the sp falling below 200p.
The graphs seem to confirm that it has never closed below 200p as well.
It has fallen from 400p to 200p in under three months though.