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Rookie, noticed I think it was £12m shares changed hands after hours. Might be a short close?

Short positions closed by the looks of it after hours.

The week ahead will depend on what China does....They should have bought a decent vaccine!

Some chunky buys to end the week, maybe they know something...

Just spoke to them, I thought for a minute I hadn't held them on the ex-divi date and the last lot came through very quickly (HBR). The nice lady said it was probably being processed and all is OK.

Any one with HL received their dividend?

With HL - Not been paid yet

Any one received their dividend yet?

https://www.harbourenergy.com/media/fsmla4wg/221103-investor-presentation-trading-update-nov-2022-vff.pdf

Thank you Stevo, even better. I think we have to be a little patient with HBR this time round. We'll get there in the end. Just reading that Harbour is participating in two early stage Carbon Capture and Storage (CCS) projects in the UK, which means from the 1st of January 2023, a company spending £100 on upstream decarbonisation will now be able to deduct £109.25p when calculating its levy profits.

Seems crazy, ytd SP up only 19% when they had £102m cash in 2021, and are likely to have >£600m this time round.

https://www.gov.uk/government/publications/autumn-statement-2022-energy-taxes-factsheet/energy-taxes-factsheet

This means business will be able to claim £91.40 in tax relief for every £100 invested rather than the previous £91.25

This 80% Investment Allowance meant businesses would get a £91.25 tax saving for every £100 they invest – providing them with an additional incentive to invest. This nearly doubled the tax relief available and means the more investment a firm makes, the less tax they will pay.
Under the 35% levy rate, the government is reducing the rate of the allowance to 29% which, due to the higher rate, will broadly maintain the existing cash value of the allowance.
This means business will be able to claim £91.40 in tax relief for every £100 invested rather than the previous £91.25

Massive support this morning - North Eigg?

I still think they'll have to consider a buy back at some stage. I agree North Eigg is pivotal and at P50 it's worth a punt. expect several things to happen over the coming month which involve utilising their cash. I'm in mainly because gas prices will still remain relatively high in the long term with the usual ups and downs. Look at the profit they made in 2021 of £246m when NG prices were 'normal' and hedging in place. They should be able to offset most of the WT.

and If we could persuade the Chinese to buy a decent vaccine....

I would imagine our shortie friends must be thinking of closing their positions soon. Colder weather has arrived in western europe, OPEC won't do anything silly like increase production, Brent is up, NG futures and Day ahead rates holding up and the birds are singing and the sun is out and Wales drew.

They are going to have to add at least £1bn to their Market cap to stay in the FTSE 100 - review in December.

I think this is the bit they got wrong and caused the dip on Thursday:
'This 80% Investment Allowance meant businesses would get a £91.25 tax saving for every £100 they invest – providing them with an additional incentive to invest. This nearly doubled the tax relief available and means the more investment a firm makes, the less tax they will pay.
Under the 35% levy rate, the government is reducing the rate of the allowance to 29% which, due to the higher rate, will broadly maintain the existing cash value of the allowance.
This means business will be able to claim £91.40 in tax relief for every £100 invested rather than the previous £91.25'
The buy backs are not taxed.
Colder weather is here, so expect fluctuations up and down in NG prices.
Dare I say it, once the dust has settled we may see a rise.