Member Info for Bagzzz718

….not right here at the moment!

They will use dilution to purchase near undeveloped wells! Time will tell, more dilution is coming. The company value will increase but the share price won’t hit the heights many predict. All I’m saying is don’t take the £1 and &1.40 being thrown around like confetti at a wedding as being likely! Just saying exercise caution….and keep your feet firmly on the terra-cotta, as Del Boy would say!

…..chuckle. 😊

….HEX will never hit £1.40 and will be very lucky to get near £1. In today’s terms £1.40 gives the company a valuation of £260,000,000, which would take 20 wells with a conservative 3x value! With the new non-Exec Chairman being know for his ability to fundraise, dilution is coming, IT IS COMING! If the company managed to be valued at £260 mil, after dilution, the share price is more likely to be 70p (50% more shares)! So, 70p to £1 looking like a top end figure, although much will depend on the increase in ‘proven’ resources!

In short, expected share price and a company's value are two different things when dilution is on the cards! Hex will be a nice little earner, but there is a great deal of delusion about the share price on here today! Just like it was spouted that it would ‘definitely’ be 30p between March and end of June (chuckle!) still it makes for entertaining reading! Time for a poem!? 😆 Chuckle!

…..i fear much of the company value will be lost over the next 12-18 months, on increased shares. Expect the unexpected and keep your expectations in check. This will get to a valuation upward of £100mil but the share price won’t reflect that in increased value to shareholders. Watch this space!

Really good post, and agree with most. I’m

Simply saying that in time it may be realised, but at present it is fairly valued. All your points are valid….in time.

I work it out as follows. 3 wells producing 4 mil each = £12 mil x a conservative 4 x revs = £48 mil.

Current share price is £45 mil - so broad brush, fairly priced.

Yes, this could increase with Inez on board, growing of proven resources, contracts, further wells, hydrogen, oil, etc but they are all ifs buts and buts.

Happy with my 150,000 shares. Small to some, but being up 50% is okay, but the day, week, monthly charts not looking so positive. Sold 4000 shares at 25.9p to treat myself! May buy back in if it nears 20p.

Plenty more to come, and all I’m saying is we’re many months, not weeks away from some the valuations being banded around here. No doubt it will get there, but not in the timeframes banded around here by many, not you, but many. This would be 30p by now if this was the case, as we’ve passed June, but it just has a block at 28p. Patience needed as you say….and needed in bucket loads!

….Hex is fairly priced at 24p, considering has no revenue other than dilution. I suspect it’ll be 4-5 months before all 3 currently confirmed wells are connected. A bump up on increased resources, a bump up when contracts are announced, and a bump up when HEX is producing. Until any of these happen the share will continue to slip as it has always done. Possible rise on confirmation of good Inez results, but if we don’t hear anything by the end of next week 22ps is likely with this being a 22% drop from recent highs. Hex being Hexy.

No, just making an observation. Hex doesn’t like July and August.

…..charts looking very familiar! 23s incoming.

…today than November 8th, 8 months ago. 4.17% up over the last 12 months! This is HEX! It’ll get there but in the time frame it does, which will be waaaaaay slower than everyone thinks.

Congrats to those who purchased a year ago and are in profit marginally more than they’d get at the bank! Chuckle 😆

…..this is what HEX does! Gets ur hopes up, then drops. After all the news over the last 2-3 months it still couldn’t reach all time highs, dilution put paid to that.

….so few trades by this time of the day. Zero interest until news. HEX fairly priced at present, so going to need a good well result to love this up a few pence, maybe to equal all time highs. Big increase in reserves needed to shift the sp significantly. News of contracts might give it a nudge at any time, but it’s been a stagnant 30 days or so, expect the same for the next 2-3 weeks. Nothing to see here hence the bickering!

How low will it go?

….that green! Makes me smile every time 😆 Chuckle…🤭

…..big jumps on today’s news doesn’t know hex. It will only go up on confirmed good news, not hints at good news. Increased reserves and sales contracts are the only thing that will move this. Hex is fairly priced based on where they are today. 100% uplift once 5 wells are producing and we sell 100% of it. Until these things happen, it will drift. 28 is and has been a resistance point. Until news, and I mean proper news, may as well watch paint dry. By Friday there will have been next to no progress on the share price for the last month. 50p is a long way off, but will 50p be worth the same in 6-12months, as it is now RE MCAP? I expect dilution, something will come up requiring funding…..an acquisition or something else. Watch this space.

…to get to 30p by the end of June, but I think my pants are safe, as is my digestive system! Great to see the share price heading north still. It’ll be interesting to see if good results from Inez will result in a big uplift or if it is indeed priced in by the market! Either way looking promising. It took its time but it is getting there. HEX for Best in Show, I’d say!! 😆

….this is going nowhere in the near term. Little loss but anticipate this was a good move. Ridiculous spread! Wish you all well here, but it’s a ‘no’ from me.

….to drop into the 60s tomorrow, at which point it will be time to cut losses! I don’t mind high risk shares, but with the crazy spread and volatility, coupled with it going down as Bitcoin goes up! That’ll be me done. Knowing when to cut losses is an important part of the game.

…glad i only took a small position here but jeez…what a bag of ****e! being ramped to high heaven on x too.

….chunky spread though and can sell thousands at 86.5p but only 100 at 95p. Interesting.

Watching with interest.