Member Info for Auson

Headder,

Its normal to RNS the market on completion of drills

Sekforde,

LC had 38,905,053 shares on April 2021 latest holding 4 May 2023 was 2,506,097. So I would say she has got rid of them. I remember she gave 12m or so away to her husband for 'tax reasons'

Sekforde,

Do we know if Linda has sold all her shares yet ? If she has she might be more inclined to make an acquisition. Of course it doesn't have to be Harbour, this low market cap lowest debt ( for some time ) and $91 Brent has got to make us a very attractive take over target. Could Amjads 12% be enough to fend one off ?

Totally agree with Leases and Decom its just future Op Ex, if you go bust it can't be met anyway.

Stevo12,

Just some thoughts...

Harbour would not be buying $2.3Billion of tax losses from the majors.

they are now debt free with $1.6 Billion available.

Harbour would increase their crude production by circa 46% in one fell swoop can be increased to well over 50%

Most of their revenue is from crude $1115m vs $759 for gas on a roughly 50/50 split

They are valued at £1.9Billion so circa £1115m on crude if valued on production alone a 46% increase would add circa £513m to valuation. Meaning take over would probably add value to Harbour.

Increasing crude production by 46% would be massive for them

Our debt would be refinanced by Harbour no doubt at a lower rate.

Take over could be part cash part shares

Why are Taconic shorting Harbour with a very large single position, while Oil price is rising and their debt has recently been paid off ?

Hi JAdams5000,

Can you give any detail on the market makers order book here today please ?

Hi romaron,

'Good luck to their investors' now now Enquest investors are generally fine people.

Mr Long,

The only upside surprise I can see in the next results would be buy back announcement and some interesting new partnerships which are not material ( at the moment ) or they would need to be RNS'd

I don't expect too much movement in shareprice on the 18th

OscarIndiLima,

How many does he hold and did he pay for them with his own money ?

Shorts leaving !

HappyInvestor100,

The real question is do Israel have a UKEF equivallent ? We know energy independence is actually important to them unlike the UK.

Pearls,

They have gone from £55m revenue to £1069m in 5 years. In my view the Golden share is inconsequential to todays shareprice unless you are pinning your hopes on a takeover. Who said SMS is in poor health ? He is still working hard !

Ttrader,

Aren't those 2022 full year numbers ?

Caveman70,

We will likely hear about buy backs soon, a bit of an insult at this price !

Andyalan10,

Volume is very low right now. How many did you buy ?

Jcj07,

I think that is exactly NigeCo's point. It is possible for market participants to inflict so much pain that shareholders will gladly accept a silly offer. Well thats not happening here with SMS's Golden Shares.

I notice Capricorn have postponed there H1 results to 14 Sept, Swimming in net cash could they be lining up a bid for Rockhopper ?

Jpl26,

I agree with your sentiment but don't believe there are no institutional buyers. In July we had these Institutional buys

Miller Value Funds 6,000,000— Jul 31, 2023

Third Avenue Management LLC 1,922,937— Jul 31, 2023

Deka Investment GmbH 1,735,000— Jul 31, 2023

Baron Capital Management Inc 1,101,982— Jul 31, 2023

BAMCO Inc 1,093,228— Jul 31, 2023

Debeka Asset Management GmbH 0.15 845,400 –Jul 31, 2023

Franklin Templeton International Services S.à r.l. 713,057— Jul 31, 2023

State Street Global Advisors 423,137— Jul 31, 2023

1832 Asset Management L.P 350,350 Jul 31, 2023

Fubon Securities Inv Trust Co Ltd 305,976 Jul 31, 2023

BlackRock Investment Management (UK) Ltd. 219,858— Jul 31, 2023

Pearls,

Depends on volume as I think there are still a few to sell. We must be very close though so a further 10p down would be quite strong !

NigeCo,

When Baron was posting back in June look who was buying.

Baron International Growth Retail 0.43 0.75 2,471,319 1,101,982 80.48% Jun 30, 2023

Baron International Growth Strategy 0.43 0.76 2,471,319 1,101,982 80.48% Jun 30, 2023

Baron Discovery Strategy 0.73 0.51 4,250,000 0 0.00% Jun 30, 2023

Baron Discovery Institutional 0.73 0.50 4,250,000 0 0.00% Jun 30, 2023

Robina,

Yeah ok you do come back at 6p with 'I told you so' ' Its all P.I.s selling or topping up' Thats a good one, the reason for the 1.5p down per day is because we have Fidelity selling, we had Permian Investment before that. We also have Miller Value, Third Avenue and Baron Capital Mgmnt buying... When the selling stops just watch.