Member Info for Cebo-456

CITIC

Maybe, but more likely, IMO is that COTIC are involved in the sale of MT and have the NDA in place (for MT only) as we know from the last RNS. UBS could be a separate deal for WK and the other assets , or indeed the whole Company.
Interesting times to say the least.

*** Would be Q1/2 2021

Flandg - No not news, just my opinion mate as stated in the post. The last RNS mentioned that once the Tech' committee had reviewed all options for the GLA then a decision would be made on GLA operation and announced towards the end of Q3 - from memory the first week Sept' (I cant check as out walking the dog and on my phone) it mentioned the procurement for LLI's and the obvious weather WoS dictating that any potential Op's on the GLA would be Q1/2 2020. Given the very cautious nature of the Update and our new acting CEO, I doubt it would have been included unless there was a really good chance of it coming to fruition.
Again Just my opinion.

Q4, in my opinion. A few will trade to try and get in lower, which in itself is a gamble, the wise will play it safe, ignore the tree shakes which will happen multiple times, and wait for the bigger news.

More complete bull$hi[ and speculation from Mavrick and co - that buy was filled as soon as it was placed and certainly wasn't a short closing. - fact.
I now hope and fully expect the SP to re-rate in the month or so, not because some chancer with a chart says so - but because the fundamentals now stack up again after the last RNS. - The PoO risk has gone in the short term at least, and I suspect we may see news on a new drilling campaign announced next month to start Q1/2 2021. - hopefully fully financed by at no cost to Hurricane. All IMO

Small topslice for me which will buy a million Hur shares, the rest are staying put here till the end game.

Bump

First trade at 0741hrs showing at 15p on Level 2

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Maverick, yours or swazers/RSI master or whatever your latest pseudonym in this weather is about as useful as inverted braille when it comes to fundamental and news driven shares like Hurricane energy. I get that it can be a useful additional tool when picking trading points on some shares but FFS, how can past trends, volumes and behaviours predict how future investors both long and short will react to latest few Hurricane RNS's and of course the rest of the madness going on with the Economy, CV19 PoO etc.
Anyone taking trading on advice from complete shysters like we are seeing on this BB deserves all they get.
All IMO.

Correct, and legally the Company DO NOT have to notify share holders of any offer, there are way around this which I am sure the BoD are well aware of.
Personally I do not think that we would have officially entered into a formal sale process if they didnt at least have a very good indication that an offer/s would be forthcoming. I also believe the NOMAD wouldn't have sanctioned an RNS that stated NDAs were already in place for MT without checking that this was actually the case.

It's not a done deal by any stretch of the imagination, until we see an official RNS and I do thing some of the SP guesses are pipe dreams - but fingers crossed everyone does very well if and when we get the good news.

Guys, FFS the TR3's aren't anything to do with someone wanting to buy the Company. Anyone with over 1% will legally have to notify by the 10th day. Any large holdings will already have legally declared at 3% (some funds in certain jurisdictions actually may not legally have to declare till 5%).
The reason SXX had multiple declarations was every time anyone over the 1% sold or bought a single share, they had to notify - obviously this is different in Eua's case being suspended.
The reason they declare is so that any position can be monitored, so although legally they need to declare to comply with the code - it really doesnt make much difference here. But yes we will get a few more over the next trading week.
Shorts greater than 0.5% have to be publically declared at any time, and privately to the Company (Eua) at the 0.3% level. -

Wrong, each share counts as a vote, so the more shares held the more votes.

It is very simple, the Company is now officially in an "Offer Period" - this means that under 8.31 (I think) of the code - any entity with over 1% holding must declare their position. Expect a lot more of those TR1's to show up over the next couple of days - including the BoD and other II's, even maybe a couple of Retail Investors who have very deep pockets.

"Eurasia have recieved a number of expressions of interest from multiple parties"

New RNS - 1010hrs FSP

RMR, my thoughts exactly, as per my earlier post.

Results RNS as expected and the Operational Update was very detailed and concise - there was an extra focus on corporate governance procedures, roles and responsibilities of the BoD to shareholders etc. - I do wonder in this was a prerequisite to the suspension being lifted as I fully expect this share to be trading again by the end of the month, if not sooner - hopefully preceded by further news that MT license has been fully granted.
There are also a few pointers in the RNS that may suggest any M@A activity will involve investment from outside Rissia, with more than enough hints towards the chinese getting involved -
All in my opinion.

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