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And the media need banning. They are the parasite of this planet out to sabatoge anything to sell a story and keep everyone living in fear. I don’t trust sunak like any other politician but I’m willing to give the man a chance to prove me wrong yet the media are already dragging his name through the mud. Intentionallly created instability imo.

They are bunch of ****ing crooks. What have I been saying all along? This is an intentional demolition of capatlism, if you hit energy you keep investment low and prices high, energy is the blood that runs through the veins of the economy and buisness’s are folding at a ridiculous rate already. I know numerous buisness’s that have been around my whole life have already buckled and gone under in the last 3 months.
If there is a 5% rise it is clearly not about the money that will be raised, It’s about creating instability and deterring investment from the uk and forcing the transition to electric. (All just a big conspiracy theory though like everything else) Two tax hikes in 6 months, who the **** is going to invest in the North Sea after this?

I hope you mean mid-late £4, strike.
This is the problem with HBR, it has underdelivered so many times it reduces our expectations of where we should be.
I’d even be over the moon to see a TO Rns of £5 even though I know we should never have even been below that level never mind have it as a ceiling.

I’m torn about more buy backs, they just seem to be a big sign for instis that the share price will be propped up enough for them to offload into, at times like these there’s so many looking for cash I don’t think it’s a good idea. They never seem to work even with the likes of Barcs.
The last set of buy backs were clearly for their croneys benefit and got abused so I’m not bothered about seeing any more just yet, I want net cash ASAP to derisk and make us one of the first (if not the first?)FTSE 100 O&G company’s to be debt free. That way we ‘should’ finally attract proper investors and maybe even a T/O.

Props to you DBNO you’ve played this well this week.

Why would you do that soder? What have HBR bod done to make anyone think this is a kitchen sink investment? The buy backs were to underpin the share price for their croneys selling, they have had unprecedented commodity prices yet knocked the confidence out of any would be investor because of these behind the scenes antics and thus we are near all time Lows…

*Building not turning.

I had my finger on the sell button at 395 resistance last night to jump back in cheaper and didn’t bother because I thought finally the momentum seemed to be turning.
There is nothing to justify this drop today at all.

US up 1.5%, you just wait until they drop and the FTSE follows it down. It’s a ****ing joke this whole thing, nothing reflects value.

This share price is, and always has been an absolute insult to all us investors. Even at £5. It infuriates me to watch this giving up the weeks gains at sub £4.

Everything up but the FTSE, what do we track?…

Being linked to it is a waste of time. We dont rise with it, only fall with it.

Good man, BH! Enjoy.

With technical analysis and your knowledge of the markets you will be known as the Lion of the London stock Exchange in no time.

I use the tools on IG markets BH, nothing fancy but it all does the same job for me. I’m not that experienced in all honesty but even with a simple understanding it can really help,especially when trading the likes of Barclays etc.
So we bounced straight off that 395 100day simple moving average there but looks like we will rally and have another go.
407 should have been 409 which is the 200 day SMA so once they are out the way the 50 day SMA is up at £4.40 area.

Point remains even with just shell and BP’s results,sunak still worries me. He’s going to be out to win votes off the numb nuts wanting more hand outs.

Sorry Bh wasn’t thinking straight there. Not UK are they.

That worry’s me with socialist sunak at the helm though.

395 then sharply up to 407 MA’s resistances. then we should be pretty clear up to £4.50 area. It would be nice to get back up to those levels before results.

The corrupt media are jumping straight on shell’s profits trying to provoke the mass’s into blaming O&G for their rising energy costs. It’s mind blowing people still beleive a word they say,on any subject.

Scrap that, I’ve just realised everything else also moves the same, tlw, enq, sqz, all similar rises and falls.