Member Info for NAV_Mike

Certainly looks like it....and the % reduction equates to about 1.45m shares

Perhaps thats been the reason for the strength in share price up until today?

Reason for todays lurch lower in the oil price (conveniently timed for after Euro close) ??

Cant see any news stories as yet, or are they using a modest inventory build to play games with "paper-oil"?

Well a higher proportion of recent trading has beem of the AT variety, suggesting your average PI is not behind the move

The last few days have had pretty strong momentum but hopefully we can build a base around here if the selling isnt too persistent

We certainly need some positive news.....preferably not of the PM jam tomorrow variety

mattyboy

no!!! please dont mention that one....worst shafting by a bidder ive ever experienced. at the current gold price the thieving ******s will be rolling in $$$

Its an incredible thread.....people sitting around as happy as Larry, all the while our investment falls every day, probably under the weight of all that jam tomorrow

If anything the decline is accelerating and the chart looks utterly awful

Thanks Linda :) Nice of you to join us PIs here

Just seen our old friend, the matched pair of trades have shown up late on the trades list

2 x 3.492m @ 293.40

Shorts closing or Senor Slim still adding to his collection?

#incorrectly worded i meant

TraderMatt

If that is the case then the RNS is incorrectly. It says issue of shares, not issue of shares and warrants

Either the last two RNS are badly worded or we have been given a rogering

£160k cleared by the issue of 3m shares? Thats 5.33p per share!

Id love to read the agreement that BoD were happy to sign

Bought in here last week for my SIPP as I like the medium to long term potential

Is it unusual for the stock to be NT at certain times? No online quote this morning but no event would seemingly cause this (unless yesterdays presentation has caused huuuge pent up demand, or failing that AJ Bell are poor)

TIA

Well at least it pulled back half of the drop

These exaggerated asian moves usually smell of heavy 'paper oil' trading but perhaps you are right - no Iranian attack on Israel took some risk premium off

Have I missed a news story or is it our US shorting friends maximising impact by selling into thin asian trade?

After all, soaring oil prices are never good for a president in election year.....

It looks suspicious as gold also getting hit and there is no real move in the US dollar

Stock is down today due to being marked ex-div of 0.15p per share

Make that nearly 200 points of FTSE up-move.....damn calculator lol

Another good day on the markets that good old Harbor fails to join in with

Whats the betting that when sellers come back into the wider market, we get taken down to

Trying to stay positive, Brent still around $85 so perhaps we are just consolidating around 270. Just frustrating that the FTSE has jumped best part of 160+points and weve seen zero benefit

Good old Harbor back to normal.....$86.50 on Brent yet no sign of upward movement

Looks like 3p was taken off the bid in 60 secs aroun 12:09 by a long procession of small AT trades

I look forward to the day when this is too big to be a traders plaything

Highly unlikely that they will try and dribble 921m shares through the market imho. Much more likely is a secondary placing, which given HBR is likely to be a FTSE 100 company would see a good takeup I would expect

Looks like they were going to bash this regardless of what was in the results. Off 16p on volume of only 132k jeez

Interesting that they have hedged 50% of gas sales in 2024 at 67p/thm given that in previous update they were budgeting on 100p in their forward forecasts. Suggests they view the gas downturn as not a temporary blip?

Hedging 25% oil at $84 makes sense given recent Brent performance. Of course an oil shock would make that decision look foolish but only in hindsight