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Unfortunately I have never seen this rise on results day. Its always a pump before then drops like a stone on the day.
I'm way under water with this share and have been for ages so I'm really hoping it isn't the case this time....... again!!!
This should be priced in but knowing Harbour I bet it isn't!!!
https://www.google.com/amp/s/oilprice.com/Latest-Energy-News/World-News/UK-Set-to-Extend-Oil-Gas-Windfall-Tax-This-Week.amp.html
The FTSE is a joke. A multi billion dollar companies share price is being controlled by one banks rating. Nothing to do with fundamentals, trading volume or future prospects. Does anyone know a broker at GS? If you do ask them to value it at £5 so the FTSE can jump to the positive tune of an American Bank. Makes my p*ss boil!!!
As its almost the end of 2023 I thought I would look back through the RNS sent out by Harbour over the year and find that when you take out transactions in own shares, holdings, voting rights etc and actually look for operational updates in relation to oil and gas there appears to be only 2 the Kan discovery and Zama development?. IN A YEAR!!! Does that fill anyone with confidence? I honestly do not know what the management team, investor relations team get paid for. The share price is just languishing just above new lows territory and literally from an investors perspective nothing is happening. There's more information on this board regarding international activity. That can't be right or is it just me
The deadline is before 30th? And nothing announced on Orcadian media. I'm probably wrong but the flurry of bigger bus this afternoon made me think something was coming out. Its not often I'm right but I'm probably wrong again!!
From memory it was a more a fait accompli, because they couldn't service the level of debt with oil around $40 a barrel in 2020 so there was always talk of having to merge or that it would be taken over by someone to survive. The share price tanked as well, i mean really tanked. This is much different because there's no chatter at all. Harbour is is clearly in a different place in terms debt or lack of now.