Member Info for NAV_Mike

Some good early buying (if those early 50ks are genuine individual trades) but again its like wading through treacle, as we have sellers that come out on every raise of the bid.

Needless to say, MMs are all too willing to drop the price back down....

Interesting divergence in HBRs two main product prices today.....

Brent sinks a dollar but gas prices (well UK anyway) hits 116p per therm ( the highest in 2024)

Im guessing the drab looking market will drag HBR a bit lower, but surely the market cannot ignore the gas price much longer, when it makes up 60% of production now?

Surprised but happy for ORCA that Shell won the case. It might have undermined our foundations somewhat if they hadnt

https://www.bbc.co.uk/news/articles/cx240l9xq2yo

So was it all a concerted short attack following iffy results or just a few low lifes jumping on a bandwagon to stir up trouble?

Had the feei of shorts closing today, but I guess we will have to see next week

With respect thats not a huge UT trade....perfectly normal size

Could quite possibly be a knock to NS sentiment from Wood Group as I cant see anything in the update to warrant a selloff. Unless ofc its the sell on news brigade

Brent stable to higher and UK gas rising to 103 - perfect conditions for another HBR priced drop lol

I dont personally care what you think of my opinion. The fact is yes the results werent good, but this board has seen a sudden influx of posters all intent on bashing the company

Any remotely postive comments, such as invoice financing being used are ignored as apparently dilution is the only available option - despite what was said in the last and recent presentation.

If you dont think paid bashers are a factor then fair enough - I will disagree

......new names appearing here over the last week or so, and all bashing the company. Anyone would think they wanted to keep this downward momentum going

Had been showing signs of slowly bottoming out but I think theyve just enjoyed a round of stop hunting at 3p bid

Dont get me wrong theres still too much selling to make progress but this board has become the domain of sharks

At the risk of sounding like Nitro (who sounds like Eeyore today) there does always seem a reason to wait months for the next potential price catalyst.....deal completion, first set of financials, then what?

The city always seems to find a reason to keep HBR subdued.....so we wait and eff all improves the share price

Do we think expected newsflow will support the price enough to counter PI selling in the run up to Christmas. Dont laugh...it doesnt need to be massive but persistent small sells will give MMs all the reason they need

I dont think now would be a good time to enter a news vacuum

MMs certainly seem to find it far easier to push this down rather than up

There were days last week when we had decent buying but the most we got was 0.5 on the offer. Today we get one minor blip of sells and down we go....

......graciously giving us their imparted words of wisdom such as dilution, overvalued and funding requirements. All done for the good of our health and wallet ofc

Yes its turned into pile of dung currently but my god you can tell when the herd has arrived. Last results werent great but how about we wait for the next KPIs before truly sticking the boot in eh

Well we waited for the budget to come and go, but still not any comment whatsoever from management

Well 10% down on ostensibly evenly matched buys/sells

I know trade reporting isnt perfect, but come on....

Well they are certainly getting their way as the giddy heights of 4p bid disappear into our rear-view (Magma lol) mirror

Weve come so far, have millions of cars on the road, but people are ramping up their effors to destroy the share price. I guess the next KPIs have become more important than usual

Why are people suddenly obsessed with a fundraise when its already been said that invoice financing could solve any funding gap? My experience with factoring is that it works well as long as the customers pass credit checks and debt isnt too concentrated.

At the end of the day its a glorified overdraft secured on sale debts

......been a reasonable stream of buying this morning at more or less full offer, but not even a hint of a tick up. Like wading through treacle currently

Yes, was very impressed by the online presentation, however MMs seem less inclined to move this higher.

Contionuous buying yesterday afternoon follwed through this morning, and all we have is a penny rise in the offer

China related? Or Israel didnt hit Iran hard enough?

Feckin great start to week lol

Hard to interpret todays trades, but suffice to say, I dont think all those marked as sells actually are.

Personally, I think trades very close to bid were correctly makrked, but those at just under mid price were actually buys. Anyone confirm? (sorry wasnt watching this afternoon)