Haggis is a financial genius.....I have known this for quite a while....also a good pal of Andi....
They can ban what they like. They'll be sitting on their fat pensions in ten years time. It's just politic talk. Others will lift or adjust any ban to suit the needed votes. All drivel. Do you really think Asia is going to ban fossil fuels as well? Suggest you go there and see.
It’ll be interesting to see if he has the good manners and courtesy to give you a clear, transparent, and definitive reply. I doubt it. He doesn’t want to. He prefers you to be mushroomed. Never have I ever encountered such an unpleasant and unpopular CEO !
Every time there is an RNS, it's an 8.5 form. Must have been hundreds. When and if any real news breaks, I'll probably miss it, thinking it's another 8.5
Quite right, Eski! …You do what you believe, and what you want. No one else’s business.
Fandg2 - Nobody really knows what a foreign co's balance sheet is going to look like 3 months down the line..... Even blue chip stalwarts like Marconi went down the tube. Control securities is another. PollyPeck another. The list is endless. Even CA can't predict such 'unforeseen events'.... The MickyMouse companies you will never ever hear about...
Anyway, just IMO.......Don't want to scaremonger, or enter conflict of opinion. Good fortune to you.
Further to my post of 1850 hrs yesterday…
Obviously, if an all-shares bid is from a reputable company like BP or Shell etc., then my warning would not apply.
If it is from an unheard of entity then caution should be applied. When such rip-off things happen, authorities like AIM tend to keep a D-Notice news lid on the problem, to “protect AIM’s ‘good name”…..and other such embarrassment of their governance failings. DYOR ETC ETC.
Beware - worst still - is an 'all - shares bid' for such as HUR. I have experienced this - and then a few months later, the bidder's company proves to be made of sand, and then shareholders are all left with nothing !
Not a penny has passed to HUR...
HUR'S CASH PILE , THE BIDDER'S REAL TARGET - having disappeared into the Bidder Company's further ' investments ' in the Cayman Islands, etc etc, in the meantime. Crook as hell. This occurred with UK Johnson Fry take-over by a Canadian company. All smoke, BS, and mirrors. Beware all....If an all share bid occurs, then I'm gone in a blink....GLA DYOR etc etc.
Noelpbz yes, as Simples suggests , Emailing Maris with your very knowledgeable and sincere question would give answers to a lot of the missing parts of the puzzle to those who are savvy in the ‘oil bidness’! Me not included in such hallowed company….You deserve and qualify for the courtesy of a professional reply. Persist if no initial response. May I also suggest all posters copy Noel’s query to their ‘saved notes’ - in case of LSE deletion - and send the question yourselves, in case the initial query is ignored….
I do find it quite suspiciously strange that Maris (and his lapdog cronies) still , after all this time, have no skin in the game?. It is quite obvious he is not working in the interest of the shareholders(owners) of this company. He is just going to hold on to his final job at circa £500K p.a,.for as long as possible, whilst waiting for the pensions and perks to accumulate. Shareholders are just a stone in his shoe. CA got greedy adding to their holding, but have little to lose and other fish to fry.. HUR’s management don’t want ‘outside interference’ from new corporate shareholders ! Despite its growing debt free balance sheet, HUR management is still regarded as very weak, uncommunicative , and thus risky by the City….and frankly stinks of collusion. All IMO.
I can’t wait for closure here….
Only 200K here…. Count me in.
My target, like many LTHs, is 45p !
Canetois - You and me both. ‘Estamos!Nos dos’, as we say here.
Word blocked is wraysist…..
MrWilks - Yes. You are correct!……..if there is a way, the Chinese will find it. I lived in the Fa East for over 25years. My father and I ,(9 months old) ,went there for the Japanese surrender in 1946. All Chinese are the most adaptable race. Particularly the Han Chinese. I admire their tenacity. No one will ever rule the world, per se. But the Chinese are very ******, and think themselves superior.
Just saw on CNN that Russia has said in 2023 it will sell 80% production of its oil to ‘friendly’ countries.
Eskibeatbeater - Not a bad concept. I’m up for it !
Spades- please ask AJBell HOW they KNOW this will go ahead?
Much appreciate your assistance in this.
“Proposals received were highly conditional…”
Says it al….
Just got this email from Hargreaves’s Lansdown….nothing really new…
Further to our email sent on 19 January 2023, we would like to update you on the return of capital announced by Hurricane Energy plc. We previously advised that the proceeds were expected to be paid on or around 1 February 2023.
On 2 February 2023, Hurricane Energy plc announced the following: "The registering of the court order with the Registrar of Companies will complete the Reduction of Capital process, which allows the Company to make capital returns to shareholders. The completion of the process does not itself automatically trigger a capital return and, as previously announced, the next steps in terms of timing and exact quantum of a return of capital to shareholders will be decided in conjunction with the ongoing Formal Sales Process and we look forward to updating shareholders in due course." (Hurricane Energy plc, 02 February 2023).
Following this announcement, we are now awaiting a further update as to when to expect to receive the return of capital proceeds. If there is sufficient time following the announcement of a timetable ahead of the receipt of the proceeds, we will communicate this to you. However, if not, please be assured that upon receipt of the cash we will add this to your account without delay. We will contact you following the return of capital to confirm how your portfolio has been affected.