Member Info for Gazelleman

Just to add - when the WEN TO deal was announced, their website was closed down with the Offer plastered all over the website & a short recorded Presentation by the CEO. I note there is nothing on the HUR website, and the offer is on the PRAX website with legal jargon.

I tell you what, this deal makes the WEN takeover by M&P look utterly amazing at 30% cash uplift on closing price.

100% - this I believe was what CRS did with Allied Minds, which went private in December 22 with a similar future dividend as deferred consideration units. Personally I was thinking of selling some HUR and moving it into CRS, but that maybe is knee-jerk. Current sp is looking no better than last week, so Prax reps probably making current volume as panicing PIs bail ..

Well we all started a spreadsheet a few weeks ago & got to about 33M shares in total from the group here, which is still under 2% of share capital. This deal sits with CRS really.

After the relief, and positivity of seeing the RNS, I am bewildered as most of my LT sufferers on here are. And just look what the current SP is doing after an initial climb into the 8s. (funny how the price crashed to 6.8p the eventing before the RNS?). The deferred bonus scheme of "upto" is more jam tomorrow, isn't it. Crikey - I am stunned that CRS have accepted this deal in principle. Someone needs to call up RB immediately. We will never see the deferred dividend of 6.48p - as someone pointed out, we take a risk, and defer the profit of all the cash coming in for Prax to gain as a cheap loan. Terrible.

6.7p

After weeks. This board is now looking much more positive. I think Haggis deserves special mention for highlighting EV report, but part of me thinks this is so obv with WOS Licences we all should have seen this and of course CA - 100%

Good point re A Reverse Into HUR. Could happen. I’ve been through the Spark presentation and note reference to HUR fractured basements & I wondered if Trice was some consultant in the background here. It’s so quiet since Feb 2nd - anyways the SP has ticked up this afternoon and it’s 7.5p on the bid which is an improvement on last month or so (was 7.17p all day yesterday). Volume non existent.

Haggis
That presentation is v interesting, and looks very positive. Viaro and Spark are both private companies, which probably means if this turns out to be the proposition, that HUR will be taken into private ownership. I'm wondering if/when a RNS lands on the FSP (if successful), whether the HUR share will be suspended, until the deal is completed. We could wake up to this one morning this month! What do you reckon?

Micky - the article in EV never mentioned "producting" assets, it said :-
company chief executive Francesco Mazzagatti revealed they are at a “very advanced stage” of an acquisition for “two large production assets”. If you go over the the hurricane website, and look at the top tabs, there is one that says ASSETS and under that there is 2 Licence numbers, which are the companies main ASSETS.

Sense
According to the HUR website under Assets: we have P1368 central (Lancaster) and P2308 (Halifax) so I would say yes. The AM is on hire, and not owned as an Asset, in my view?

I can't add up. I put 1 too many 0s in the calculation. Stand down everyone. Total is 31M 1.56%.

DYOR2 - that will take the total to 4.04% total !

Current aggregated shares is sitting at 25.5 Million shares or 1.28%. Not bad for a weeks work, but nowhere near 5%.
https://docs.google.com/spreadsheets/d/1wEawgBV2r1KqZyhcas7jEajgT1_KH-ZMweitsNK2JF4/edit?usp=sharing

If this is voted down, will the dividends be back on the table for 2023, I wonder?
If the price drops, after a no vote, I will definitely get more and hold for a few more years - maybe dependant on whether the board stays ? So many questions…

asimple - not yet. He can always go ANON or leave blank - but I doubt this will reach 5%. However, board members may want to revisit this (potentially) if and when we get towards a July AGM again if CRS don't succeed with whatever they are up to..

Here is the HUR list of PIs contributed. Its open for Edit, and add as necessary. This takes it off the forum & it may prove useful going forwards. Names are not necessary - some could remain Anon.
https://docs.google.com/spreadsheets/d/1wEawgBV2r1KqZyhcas7jEajgT1_KH-ZMweitsNK2JF4/edit?usp=sharing

Thats the idea - but if you look at my spreadsheet, we could do something similar on google excel, if I can work out how to do it?

Oldman - if you wanted to gain >5% from PIs we would need 100M shares between us which is pretty large, but not impossible. I'm not so sure we have enough active bods on this forum to come close, but maybe others could advise from last years AGM discussions. Anyways, over at WEN (which I mentioned weeks ago) where there is a potential TO on the table, PIs did manage to get a sizable "no" consensus by using the following spreadsheet. This is something we could attempt, I would suggest:
https://docs.google.com/spreadsheets/d/1DI48Cy4X48MYQAadGcZ-liLfWtwTB6DexGCyVjHfrCM/edit?usp=sharing

current Ask has dropped a little to 31p - isn't today the deadline for voting? News must be on its way this week on next steps?