Extremely High Risk Company13 Jan 2021 13:01
If HURR didn't mention dilution, stakeholders and possibly wipe out shareholders, the SP would have been around 10 to 12p today, or even more.
In the last few RNS, HURR has posted only negative news, and not in a single one they have said " We are pleased to announce...". They never say "pleased." Look at the Premier Oil recent RNS, they have mentioned 3 times or more " We are pleased to announce...".
To be HURR is a company in a " ventilator," if it goes bust, it will, only it needs one more negative RNS and this dog will join UKOG (under 1p club) or it will survive, but l can't see getting my money back... I lost hopes in this share completely.
Stakeholders, dilution or complete wipe out shareholders.... They said it themselves in the last RNS.
RKH and ENQ are recovering nicely, HURR is 7% down today, the biggest loser among the UK.oil companies.