Member Info for Jfallonirl

Is there a rule of how long Hurricane would need to give the market when declaring a dividend and providing a dividend date? Just thinking as if they can't make a sale then the first question is how long before we determine that the sale won't be made in time and the special dividend will take place and secondly, how much notice to the market so the special dividend will be paid/registered to the shareholders by the end of Q1 2023

Out of interest, Can someone clarity what the board means by if the sale doesn't go ahead there will be a capital reduction of 3.1p per share in Q1 2023.

Does that mean you would be forced to sell each share at 3.1p which makes no sense if currently over 8p per share or is it a dividend or something else I am overlooking? Please advise

Doesn't look like the market gave a hoot about the results.

Anyway, think we collectively need to make a decision at the AGM to oust the board/some of the board if there isn't a clear picture. That should be in 6/8 months so that gives them plenty of time.

I would have thought by now in the current financial markets that they would be looking at buying another company like Tullow Oil did. Just doesn't seem much has happened since the last AGM

9.16 closing price, Think the 7.84 was a late trade so can be ignored.

11% increase would make it around 8.76. Has it calmed down now or still going upwards?

Iron Ore not doing great but the 2 main reasons is due to China locking down partially again! Rio main revenue stream comes from China so that will have a hit and the macroeconomic climate is negative this week as the Fed are driving on with an interest rate increase of 75bps on the 21st which the market sees as a sign of slowing the global economy right down. If payroll is over 300,000 today, I'd expect markets to tumble again! Think Rio will rise on the back of the deal as can't see any issues with it.

Any reason why this has gone down massively today? I kind of half expected the whole market would be down due to yesterday in the US but this has been particular bad. Opinions welcome

When I say 2,781 and 2,600's I meant 4,781 and 4,600- hopefully it wasn't my subconscious preempting things!

I agree- The ex div show have brought it back to 2,781 roughly so nearly falling into 2,600's, If we have a bounce tomorrow I'll be ok but if a repeat of today, then worrying will commence. China is on the brink of a recession I'd say and that is our number one customer!

Bit worrying. Where is the resistance point?

Last week we were nearly 5,000 and now falling back.

Not too sure whether to worry or it will bounce back at some point soon.

Why the sudden fall off the cliff?

Out of curiosity, why would the shareprice go down with 10 mins to the end. Obviously people are selling but why when you need to be on the database by the bell to get the dividend?

Any explanation most welcome

Wonder if we break the 5,000 mark tomorrow!! Nearly happened today but went straight back down again

Dividend per share is £2.22 (just just under) so for your 200 shares it would be in the region of £444

So I have just sent the e-mail also. Can't imagine they will take much heed but unless you ask you won't get!

m1n3r- Probably a silly question but if you say resistance is at 9.5p, why are we yet to see the share price above 9p?

peterthestreet- Exactly the same reaction from myself. You just can't win. When you think it should move upwards, it quite often falls and vice versa today. Although still leaving the Champagne on eye as there will be profit taking especially on Friday and the Fed news tomorrow may bring all parts of the market down but happy for today

Seriously we have broken 9p? That's brilliant. I'm at break even point. Happy days

Be good if this could have a strong finish at 9p. Anyone with L2, let us know if there is increased volume please.

Cheers,

Jon

Hi,

Don't have L2. Can you tell us if it surpasses 9p or when resistance shows?

Thanks,

Jon