Member Info for Jonno41

And that was yesterday - could we get a noftification every day or 2... This is looking good now to break 10! Go Amigo....

Also do they know something we do not.... Sounds pretty bold to buy 5% off a company on an FCA, court ruling, customer voting, gamble....

10P resistance has not been broken for a number of month, I though we'd gly past it this morning, but looks like the resistance is still there, wonder if we'll see strong afternoo buying and another crack at trying to break it.... If the big buyers are still in otown the PI's who have bought under 10p won't last long

Where - as in which webiste - do you see this on L2 on LSe does not show it but I know the order book is not the best.
Many Thanks

Here's what they should do..... Give everyone with a valid claim some shares as well as scheme settlement.. come up with a 1 for every £X of valid clam and issues the shares for 18 months say so they cannot sell them for 18 months.

That way everyones interests becomes alligned, and claimants vote for the scheme becase they know the share price will increase and that will get them a return alongside the schemes handout - a much bigger return because the share price will rise and this investment might increase 5 fold in 18 months, pehaps giving them more in total than their original claim.

Good for us, good for the claimants, good for the company and the why not say the FOS/FCA insisted on it so they look good for them too.

Winners all round

The trading patterns of this share do not give it the look and feel of a company about to fold

Bear in mind conversations are going on behind closed doors - and leaks will inevitably happen. The reason the scheme was changed to show more profits going into it - was presumably not just decided by the board but suggested by the FCA.

I think they’ll endorse the scheme and I think the directors buys share that

I am in another share with an uncertain future - hurricane energy - almost no director buys there which is more suggestive of a very uncertain future....

I think the odds of the company moving forward from this are by no means certain but very much on our side

Then again, I sold my BRH holdings for 18p to buy these @5p.......

Half my holdings for about 3.8p today. My logic was I wanted to get my average to below 2p to protect myself from dilution and also the fact that if the news is good, I am happy to get in at a higher price. Having spent most of the last year seeing my holdings at a loss, I did not want to see that happen again with another negative RNS.

If the price goes up, great I still have my holding and if it goes down, I don't lose my shirt.

GLA

I concur Daltry - Fevertreeman post of the week.

Looks like there is a background buyer - I am seeing a good colume of sales going through and the price is holding up reltively well. Be interesting to see what happens next as if the sales continue I can see the price dropping, but then again if there is a background buyer, who could that be and for what purpose...... The next day or 2 will see if we're heading towards 3 or 5p. Cannot see this SP staying where it is for long, unless the volumes die off.

Lots of downward pressure, yesterdays buyer/short closer need to come back to break 4p, otherwise I can see 3.5p first.
RNS tomorrow 7am I am hearing...

SlipAnchor - not sure I care, LSE says hi of 4.394 and this was obviously a buy not a sell.... your trading strategy and claim is not really my point. I do not buy this being a P&D. I appreciate we have seen this twice before in recent histroy where Hurricane is has gone into the 4's and 5's and 6's and then had a rubbish RNSe and fallen back to 2.5p - the second RNS referred to low oil prices as a reason why funding would be an issue. The increase in oil prices is adding 360K a day to their coffers - $11M a month - the next RNS will surely paint a rosier picture.... Were only worth $60M for ccing out load... hoping 5PM tomorrow.

Hope you investment pot increases in value tomorrow.

Good Luck

Slipanchor - surprised at your message. Spent too much time on L2 today and do not believe any sales went throgh @4.4P? but if you managed to sell at that price, well traded.

I don't buy your P&D, far too many shares were purchased today, this is someone bulding a position, shorts closing or both. We are overdue news and an increase in CPR or a positive update on funding are all very possible

Yes the stock is risky, but unless production colapses Hurricane will make alot of money at these oil prices, enough to refinance and perform the additional workload they have set out for this year and would have thought. I would hope they will accelerate their work program to benefit from the the raised oil prices. What happens after this it is diffficult to say, but I would place this share a medium risk not high risk which it certainy was when oil prices were in their 30's.

A - Shorts are buring and running to close at any price they can get
B - Someone large is buying a decent size share is this company
C - A and B

I'm going for C

A - Shorta are buring and running to lose at any price they can get
B - Someone large is buying a share is this company
C - A and B

I'm going for C

2.9% shorts equates to about 60M shares, so thats alot of buys to close the shorts... Surely these positions will start closing as the price rises, which should create a pretty big spike..

Yes, I think MM's are playing the spread, the bid jumed from 3 - 3.24 and then into auction - there would of been lots of sells @ 3.24 being the highest price its been for a while, so perhaps MM's put it ino auction and will not drop the bid???

Last time, it was slow progress to 3.5, then speedily up to 4 and then 5 and then back down to 4. This was all without an RNS., although there has to be an RNS int he next week or so reporting Jan figures. Feb fgures will of coure be igher than Jan's .....

Beyond my pay grade! Can you explain what that means please?

thanks

Its quite unusal for aim companies to be revenue generated at the rate of Hurricane. Most are valued on futue revenue not current revenue which is ofen £0 as they are in the exploration/development stage not actually producing a product, whatever that product is.

Captsinswag, I am struggling to find any right now, although I am sure there are quire a few. Will have a look when I have a chance, although as I say I do think dliution is unlikely to be the source of funding hurricane go for