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Do we have a spud date J?
I reckon this will provide far better returns than HE1. I was in when it initially rose to 30p a few years ago. This will heat up, the kettle on just wait for it to ping!
I see a 100% rise some day this week as people jump in post IPO!!!
Yeah s gathering pace, the IPO is still fresh too most, HE1 forum mention HEX pre IPO and I switched off, gutted I didn't get in on the day but this will cruise past 20p with ease today!
Excitement gathering with pace here and a far better less diluted ply than HE1. Although I’d happily take the 1100% profit I made there here! If only!
In at 16p well done to those in at 10p I was slow due to cash being tied up
This is simply a dividend machine for me, I’ll hold as long as they maintain the strong dividend they have had for years. Looks like a turning point is finally come.
Thanks SE! Got the jist of it from the broker note. Surprised they are struggling with 15m tbh, especially given the scope for return.
Haha come on Bradley give hour Jas a nudge! ITS is out t he way now so let’s get the new co back on the main market! Perhaps that was the first hurdle, although no real ties it probably wasn’t a good look to have a fresh start with the old flame still around?
Can a knowledgeable poster give me some background on why SHELL won’t back the second project? If it is one of the more prolific finds in the North Sea surely the political backdrop should have limited impact on a jv? A lot can change in a few months, why can’t they get an agreement lined up and if it does become unviable then they can revisit?
Selene has farmed out but remains 30% I think. It is a great site being low risk with Shell picking up some of the partnership. From a broker note its worth about 89p derisked! Obviously they are quite rampy but at 19p this is a no brainier!!!
Boom
Mm at it quite frankly
Who’s the buyer here
Troy u held at £2.70!!!! No wonder you are hacked off and taking a direct anger out on everyone else by stirring rumours
Why scaremonger, debt has remained stable for years. The asset v liabilities provides equity of nearly 350mil.
Ignore the derampers who haven’t researched. And also ignore trolls who actively seek to call out peoples losses. Disgusting behaviour
No I don’t personally. IMO the seller is being pushed to exit the sector. Protestors are making big pushes to get fm’s to clean up their funds.
Axa uk select fund is popular so I can see it being the seller on tht basis. Pension funds should meet all ESG regs now and you could question if an Indian oil and gas producer fits the bill?
Willing buyer willing seller and all that!! More liquid than it has ever been. Check the PE! Unreal disconnect from FV
Yup one man’s loss ins another man’s treasure!
I suspect fund managers are being forced to exit fossil fuel investments with pressure to change mandates! It’s a hot topic for protestors and particularly in India. Look at Adani and Abrdn!! Just saying, that doesn’t change 82% being held privately by founders.
Had a look back at the trade volumes over the last year. It appears that the drops from £1/2 were caused purely by tiny trades between 5 & 20k. Liquidity was non existent with days on end with no volume. It’s little wonder a seller is accepting anything they can get. We now have interest and having traded 5 plus million over the last few sessions it’s hard to see a seller having anything left to sell! According to fidelity the funds holding have holdings of 1,2 & 3 mil.
Mm will take this higher be patient and don’t have your pockets picked
Bought some more, fully loaded for the bounce now.
Dave I’ve never claimed to be an investor. I have plenty non aim investments i class as long term. Aim is fun fo r me.
Away round to your mates to talk shares you massive sado
Totally SM! Turn up the volume and this will shift through the gears back to green. The Indians will be finishing up for the weekend now so nothing negative can come through.
Fundamentals are impressive, yes there is debt but all super majors have a portion of debt. The important park is assets outstrip liabilities and theirs a healthy very healthy profit margin here.
And davey behave! Why would I sell on opening, there ain’t any logic behind doing that
Shakey stevens. Opened at 14 so expect to see that again this morning. Violent up and downs with little reason. The ups however should be given it’s been massively oversold on no news other than a distressed seller