RE: SP30 May 2018 18:03
My take on today’s big fall and general share price performance is that we may as well be on AIM! Today’s fall was typical of an AIM share! My view on the general sp detoriation is that the market doesn’t like HNR and possibly doesn’t trust the company! This is solely my gut feeling but I don’t believe all is as rosey behind the scenes as RP would have you believe! I’d still like to know why Cully seems to have been pushed out of the company!! I watched the presentation the other week that we did and while I found parts credible and interesting I found some of it a bit cringey! I’m all for being upbeat but I felt at times it was a bit like a best man’s speech at a wedding and there should’ve been a bit more professionalism, especially when seeking II investment! Also, the secrecy around the 30p investor played a bit part in us dropping from that level! Clearly sentiment is terrible and has been for quite some time now! However, despite what people say, this BB has no bearing on that! The market knows HNR is essentially just working on a commission basis with the True deal! DTU was being accelerated and then it’s at tipping point then it’s being accelerated again...so that creates confusion and doubt...also there’s been no takers in DTU...the oil industry would snap somebody’s hand off if they felt that person had tech that could produce more oil and revenue! With regard to Helios I just don’t see it coming off! That is my gut feeling! And yeah so people have said on here why don’t I sell? Yes I could and I’d make a tiny bit of profit which makes me one of the lucky few I suppose! However, I still want to be wrong...I’m not an O and G expert...that is why I’m still in! If this drops further to the point of break even I may sell! While I’m still in a tiny bit of profit I will stay in as I haven’t lost anything! We’re all here to make money not for the love of HNR!