Member Info for E_AL

1-Crystal Amber increased their holding in Hurricane Energy by 2%

2-Polygon reduced their short position in Hurricane Energy by 0.13%

Both funds & shorters realise that the current sp is heavily undervalued.

3-Hannam & Partners latest note:

-Risked NAV 10p
-Unrisked NAV 42p

4-Updated technical chart: https://twitter.com/harmoniccharts/status/1305770710367965185?s=21

An updated technical chart: https://twitter.com/HarmonicCharts/status/1305770710367965185/photo/1

It looks like the sp broke the downward trend

from twitter:

"@E16343676
·
4m
Replying to
@GaryK14001409
Its because of the new PT on the latest Hannam & Partners note #HUR

Risked NAV 10p
Unrisked NAV 42p

Current SP 2.6p so it's likely to climb back up from here"

From twitter:

"@E16343676
·
2m
Replying to
@GaryK14001409
Its because of the new PT on the latest Hannam & Partners note #HUR

Risked NAV 10p
Unrisked NAV 42p

Current SP 2.6p so it's likely to climb back up from here"

I believe shorters are trying to keep the sp low (via Algos) to cover on the cheap. Polygon Global reduced their short position today by 0.08%

Just hit 50% the average daily volume and sp is holding quite well.

TA chart if anyone interested: https://twitter.com/HarmonicCharts/status/1305247402895519745

As someone said on twitter, shorters are covering their positions on the cheap

A top up from me, heavily oversold on the chart

https://twitter.com/Borg74/status/1304340455845437442/photo/1

https://twitter.com/Borg74/status/1304326618589130752

Books look good now on the L2,, it looks like we found support @3.1

Buying pressure is building, time for a bounce

Nice 14.11p buy!

16:21:49
14.119
302,176
£42.66k

I feel quite optimistic, some 10% profit taking going atm but I believe we'll see re-rate next week. I am not sure what the BOD will put in Monday's RNS but I hope they will play it smart this time.

Buys vs Sells 3:1 - It gonna pop up before lunch time ;)

# Trades 89

Vol. Sold 477,318
Sold Value £62.05k

Vol. Bought 1,531,779
Bought Value £199.13k

Guys, anyone on IG UK and managed to vote?

No its not included, £145.2m free cash after deducting provision for the complains

Nice buying pressure building

BUY to SELL 2.35:1

# Trades 184

Vol. Sold 1,789,095
Sold Value £220.06k

Vol. Bought 4,102,445
Bought Value £504.60k

It is JB’s 1% , just like yesterday he sold it in two parts 1M & 3.75 M

Anyone using IG UK platform and managed to vote?

SP hit 200 days moving average on the hourly chart (11.35p) which technically is a great support. They way I see it, sp will start to move back up from here