Member Info for NAV_Mike

Well certainly MMs dont share ourt belief on impending good news

No online sell quote available in any size with AJ Bell. Perhaps something to do with the late 50k yesterday?

I wonder what his average entry price is and whether he will look to top up at these surprisingly depressed prices?

He has a lower % now (of a much bigger pie) and wonder if he fancies a bigger slice now that the deal has completed sp efficiently?

Like I mentioned yesterday, there has been a constant pattern recently of closing the spread right up by dropping the offer. Its as if they are testing the water to find the level at which buyers return.

Unfortunately, if none do, they rinse repeat the cycle by dropping the bid

#not backed up (damn fat fingers lol)

Yup.....now we definitely do look as if we are waving goodbye to the 5s again. For a while weve been clinging on, now the rope broke

This board feels like a self-help group sometimes. Full of good people and excellent research but now backed up by the damn company we are investing in. We cant just keep limping from one set of KPIs to another with nothing in between

ah dbno....theres a ****** we havent heard from for a while

yes of course its doomed. now go away and play in the road you deramping a*hole

Jeez wept!

The problem is, there is such a dearth of buyers currently that while 60k of unopposed sells is indeed low volume, its giving the MMs all the excuse they need

Erm I hope you arent questioning my motives? Im certainly not deramping, but there is one hell of a disconnect between the current share price and takeover in the hundreds of millions £££

For the record, Im here for the science

Well I have to ask.....is our brilliantly transformed company so unloved by the city that we can barely generate a rise when markets up like a train, and Brent $2.50 off ysterdays low.

Well is it the kind of excitement that induces people to sell 35k well below bid?

How the hell can we stop the drift if people are willing to do that?

LOL I promise I hadnt read the following article before I made my last post!

https://www.zerohedge.com/geopolitical/oil-facing-physical-shortage-crisis-api-crude-draws-9-past-10-weeks-cushing-hits-tank

We do appear to be in "ignore any good news mode"

Todays RNS, a bounce in Brent (not huge but $1.50), and more inventory draws are positivies, but it seems confidence has been badly shaken in oilers

If EIA data later confirms inventory draws, especially at Cushing, you willl see more and more articles referring to "tank bottoms". This would be a major issue and I find especially hard to reconcile this with the supply glut were supposedly going to suffer

Ahhh the wonders of magical "paper oil" trading! How long can it fail it tally with the physical market?

Stupmy

Sorry mate I know you are one of the good guys, but I think its impossible (or should be) to use TA on pre and post Wintershall HBR. They are such fundamentally different companies, that the only thing they have in common are the letters HBR at the top of the chart

Unfortunately chartists will use the same charts to predict endless doom despite just about everything fundamental having changed on deal completion

You may be right - who knows....I just think its a bit misleading

....and finally from me, one last article. Note the graph showing the repeated slam at 10am ET

https://www.zerohedge.com/energy/brent-tumbles-below-70-hedge-funds-least-bullish-oil-record

Id love to see that moron Milliband justify @78% tax rate in current circumstances!

Trouble is there is absolutely no credible opposition in parliament to hold these dangerous uber-socialists to account

Interesting article.....note the reference to record short positions. Looks like our friends the paper oil traders are having a field day....

https://oilprice.com/Latest-Energy-News/World-News/Currie-Claims-Fears-of-an-Oil-Market-Glut-Are-Completely-Overplayed.html

Well certainly the oil market is certainly having one of its phases where it seems to think we will bartering goats instead of running a western society and using oil by the millions of barrels

I wonder what the reaction will be if the inventory draws continue over the next couple of days? Although knowing the utterly incorrupt US they will probably conjur up some builds lol

The drop in Brent has given fund managers the chance to load up on HBR over the next few weeks/months ahead of its introduction into the FTSE 100. Im pretty sure they will be happy nudging the price down whilst sentiment is so poor. As I said previously, they dont play by our rules and wouldnt have wanted to pay £3+.

I think its utterly ridiculous that our newly transformed company has done nothing but drop, but as the saying goes, the market can stay irrational longer than most PIs can stay solvent (or words to that effect)

I must have blinked an missed the days where they were taking it up lol

Looks like they are getting ready to nudge it lower again. Narrow the spread right up by dropping the offer, and if no buying ensues, drop the bid

Delated trade to show from around 16:05?

Cant see any other reason for the sudden price change. Whatever the reason, its held in place for another day. For a company with such prospects, there is precious little current interest