Member Info for Kayel

So why many buys and sells on lse. Are these buys really sells. If lots of sells how come stock not available for buys. Not fully Understanding this.

Why is this stock restricted to sell only at moment. Corporate actions or invoked by stock exchange. No statements published as to why.?

Hope yo are all correct with 500p. Topped up at 160 but hold 46k shares at average of 260. Way to go yet for me but have enjoyed my 7% div's. Keeping the faith.

Sorry to disagree. I have a Halifax stocks/shares isa and my £2500 dividend was paid at about 16.30 on dividend date.

Went ex div some time ago.

Dividends being paid tomorrow. Wonder how much will be reinvested in hbr. Maybe a small hike perhaps?

250k boe per day?

Even better now that we are producing over 450k boe per day.

Sorry guys, my comparisons in the last msg are for Hbr v Hes (not Ithaca).

Yes, agreed, in comparison hbr seems to be somewhat undervalued. Ithaca does have five times less shares than hbr and we have to take north sea taxes into consideration. But all in all ithaca probably valued about eight times more than hbr. What with all the developments going on globally, Mexico, Norway, Asia, etc, I think it shows what SP might be if listed in US. Good for long termer I hope. Fingers crossed.

Oil and gas up last few days, Hbr down few percent?.

Almost as if someone wants us not to be placed in FTSE 100 when decision made on 31st October. Maybe someone happy to keep on topping up at this SP range. thoughts.

Can someone explain please. These guys have 250 million shares which are non votable and therefore not in our Mcap which would be almost 700 million more if they were. At what stage do they become votable and part of out Mcap ?. Seems strange that they are not included and therefore reducing our Mcap. Are they taken into account when they value for ftse 100 entry?

Yes, SP on 31st Oct will be used with changes carried out in December.

Was lots of talk of joining ftse 100 after merger. Looks like we are going to miss out unless SP rises somewhat.

Can’t get my head around this. Oil at $80 , UK gas at 95p/therm (up over 20% since start of month) and the SP still falling. Latest RNS shows BOA got rid of 14.5 million Hbr shares.? Who is filling their boots at low prices?

Forgot to mention… think reshuffle dates will be early June, September and December.

As of 24th May we were about number 145 on the pecking order. So no change expected unless SP rises to 4.50 -5.00. Until of course when the merger is complete in which case it is likely we will be straight into ftse 100

Would think further small rise followed by fallback post ex-divi. Interesting to see how much fallback, just a couple of percent would fill me with a bit of confidence.

Interestingly the swap that expired on 02/04/2024 was over 5 million shares, but over 10 million shares have now gone. Looks like another swap with expiration of 06/01/2025 has now gone, also over 5 million shares. Nice if these swaps were used for shorts and are now gone. Could be since dividend coming up . I’ll be keeping an eye on shorts levels to see if it reduces somewhat over the next few days.

Think at last update Hbr 2024 gas hedges were approx 33% of gas production at about 72p/ therm. Interesting if update later on in month shows much change in that. Question is Do we want more hedging at that level going forward or to stick with 33% and hope that gas prices rise?

Yep, was just answering Projectiles question as he/she didn’t quite 7nderstand.