my experience1 Jun 2018 23:31
I bought in on the spike when Schlumberger were announced as a partner. All seemed pretty positive and then it all turned sour and the price plummetted. Try selling when that happens. I didnt take part in the primary bid offer as those things seem iffy to me. But after it was successful I bought more to finally hold 100k shares at a cost of about 27k. Sad to say I watched in amazement and disbelief as this value diminished daily. It got to the point this week when enough was enough. My fault as I should have used a stop loss. Anyway, having decided to sell, I was annoyed that I couldnt get a live price for 10k shares which is normal market size. I had to put in a limit order 10 times for 10k shares to divest my holding. So ended up paying 10 dealing fees. That is what really peed me off, being unable to sell. And that is the reason I will not be reinvesting in hnr. Believe me I hope it delivers for holders here but if you have any doubts, and there should be given the share performance, then think hard whether your money would be better employed elsewhere.