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NewKOBT, This is a life charging revelation to me if i just filter out all the negatives in my live everything is awesome. I am now the worlds gratestest trader as i only have wins filtered everything else out. Who needs reality when you filter it out
It gets hit hardest when oil drops and goes up the least when oil rises. Down 40% while BP is up 40%. I don't get why people have any faith in HBR its an absolute disgrace of a company poorly managed and in a shambolic state with the UK gov i can see this hitting 200p before june.
I would love to see this years GOV money from oil and gas. Would be nice to see that on the news. My guess it would be around 100b this year if not more. But sure its the oil industry thats making the money off the increased price in oil ;)
scoobydriver. If you're having to go out of your way to look for news it means nobody is pushing it. GOV are loving it 75% tax and people are wanting more. Majority of people don't see the GOV are raking it in what they see is climate change and BP & Shell making massive profits
The government has every believing that oil companies are making all the profit while destroying the world. If they go back on it the news coverage will all be negative and people will just follow like sheep. Also the Government is making all the profit so they would be stupid to U-turn.
I feel that they are using HBR to cover their losses. It goes down the most when oil or gas drops so if you playing this to cover say BP you would be up if oil drops or raises. In their case BP shot up and this dropped like a rock so they will be laughing into millions of profit right now and will still be covered if the market changes