Member Info for petethestreet

Remarkable post DC. Thanks.

Yes 9
No 25

That ex dividend date would explain yesterdays drop?

RN..S ....yawn - oh right... yes.. .. 'following the egm on Saturday there has been several/more than one/ no bids received from the fsp. ... we we are still adding up the votes... and...'. ah no b o l o x - I can't be a r s e d .... is the coffee machine working?
I know - for heaven's sake chill out you impatient SH. It's juyst a day or so..

chance would be a fine thing..

Oh to pay some tax on a profit... Agree with Daltry this share is bloody hilarious. Closed below the 'derisory offer' price.

Bang on Daltry.

Yes just logged on expecting an RNS..

Gosh. Amazing to see a photo of ADUK too. I only knew his posts on here. He was clearly very intelligent and did not take fools lightly. He had some good battles with - I can't remember who now.

Just done here. So 49. Thanks Sense!

Totally get that first para. I was awaiting this RNS with muted reaction and a ‘this was priced in’.
Quite surprised to see +15% today.

Apologies for splitting hairs nidgeyr but how can the share price be low as compared to mcap?
Somewhat inextricably linked I’d say?

I'd doubt Kerogen would want them. They were a seller in the 40's ... in another life when Bernstein had a valuation of Billions on HUR that was... ahh the plans I had for that money when we would hit £3! I'll take 12p now.

Current mkt cap sun £140 mill. I’m buying at 7p

But it’s tax. Don’t get this them and us. It’s collected on our behalf. You may not like the way they spend it I realise.

It would have been hard to pay back bond holders with Brent $20- $30 which is why I and many bailed. How long it was going to stay at those levels who knew. And with the move from fossil fuels how certain could anyone be that it would return to over $60 in time for HUR. Fair play to you if you did senseman but I had no idea where PoO would be. It’s all about PoO and bottom line is it’s very unpredictable ain’t it?

I think there was an issue with interference between the wells from memory. It’s all a hazy blur frankly and I’m no expert. Others may be able to confirm.

They did say in one RNS can’t remember which ‘there is a chance the company will not return value to shareholders’
Not sure it’s an excuse but could have been seen as a warning flag

confirmation bias, this time it will be different.,,,
When the positive in an RNS is dilution and the negative a chance of no value returned to share holders you have to wake up. If you want a level view read Gheghis15 who was a HUR bull for years but did not suffer from the first 2 words of this post. Basement to now possible attic and that’s a long shot. If I were still in I would bail on the next bounce. BTW I am not gloating I suffered the first 2 words here with HUR for too long and lost a lot, good luck.

The company have been very honest here. There is a good chance of no value returned to shareholders. In black and white.