Member Info for NAV_Mike

Be interesting to see if there are any large delayed trades to come. From 11:15 when the price was 15 - 15.50 buys and sells were almost equal at around 250k. Yet price dropped to 13.5 - 14.5

Is it a ploy to dampen enthusiasm? Cant have PIs feeling more positive lol

How did I know they would generate a burst of selling to ensure we closed at a level that trapped most people with no daily profit

No online sell quote available from AJ Bells for the last hour, which seems strange given all the buying this morning

Perhaps the insti has made some of the placing shares available to be sold, and they dont want to take any general selling until that is cleared?

Not looking to sell at all, just trying to see the bid/offer

Because its a lot easier to get the money in one lump from an insti rather than have to do all the paperwork and legals for an open offer

I dont like it either, but its quicker and easier for them this way

Wouldnt be unusual for the insti to maintain its stake in £££ terms but sell a few as the price rises

Im getting a current spread of 15.01 - 15.17 so needless to say the recent trades being marked as sells probably arent

I am sitting here wondering what exactly could happen to provide a stimulus to the share price. Asset sales? Oil back toward $80? (looking unlikely)

HBR is so unloved at the moment that I feel its going to take something out of left field (ie not the usual six monthly reports) to turn us round

It also depends on what Sareum's definition of an 'institutional invesor' might be

Long term holders or out with a quick buck?

Well if these new shares went into (sticky) institutional hands, where have they found 750k shares this morning to soak up all the buying at 13.7p?

I added 11,500 which is I could find down the back of the sofa

Yup positive RNS x2 but straight down 18% we go

Im pretty sure Carlos Slim could organise the funds needed to take out Harbour should ha be that way inclined.

He must be nursing substantial losses, but he is so rich its all pocket change I would think

As I surmised....bunch of crooks the lot of them. Your average PI just left holding the bag wondering wtf happened!

Have held these a long time (more d amn fool me) but Im currently more dumbfounded than I can remember re the current share price.

Yielding over 11% now with massive asset backing this is being relentlessly pummelled with todays particular drop coming totally out of the blue

Weve been well aware of the industry issues for ages, and the last results werent inspiring, but come on.....whats sparked this latest drop?

At only around $2.55bn mcap are there any predators out there to snap us up, or is the NS an absolute millstone?

Market cap now down to circa £2.6bn

Yup makes perfect sense for a 475k bpd producer with 19 years reserves

This smacks of another broker sell note (GS?) doing the rounds

As usual PIs will be the last to know

.....but of course, Mr.Market has to punish HBR for director buying with a cr appy closing auction to ensure we finish in the red, not blue

Trouble is....all v positive in the results (except they still havent mentioned current cash position), but we already knew all this - so nothing new

Even ORCA cant say when new deals willl happen, so it will continue to be a slow burner (until it isnt)

FTSE back into the blue, oil maintained at $70.50 yet HBR of course starts to shed its meagre gains

I think we need to remember that shorters can still do at lot of damage with a position in HBR just under the 0.5% threshold, and if theres more than one......

74k of sells take us lower, then 88k of uniterrupted buys dont take us back up

These markets are a joke

(Unless of course our old friends the delayed trades are lurking)

The results and capital markets day presentation is available on the Harbour website for those that like pictures and pretty colours with their bad news