Member Info for shal1000

Thanks NOFEAR. That's very useful stuff as opposed to lot of unwanted pessimistic trash talk we have on here without any credible facts supporting their views. Others need to realise that until September the next HY2021 update, the ups and down would mostly be in line with rest of the market, unless there is a material news piece related to HBR.

Am I reading correct that the order book from your live feed is showing after hours price around 3.70? If so that's a good sign!

How come you don't concentrate on the price of Brent which is more relevant to HBR?

HARBOUR ENERGY PLC : BARCLAYS ADJUSTS TARGET PRICE TO 620P FROM 30P TO REFLECT 20-FOR-1 SHARE CONSOLIDATION

HARBOUR ENERGY PLC : BERENBERG ADJUSTS TARGET PRICE TO 390P FROM 20P TO REFLECT 20-FOR-1 SHARE CONSOLIDATION

What are everyone's average price looking like now? Mine is £4.01 (£4.40 prior) after buying at 3.66 on friday, I hope it reaches there as I set up a sell order at 4.02 to reduce my holdings by 30%. Who reckons we will reach there this week?

NO PROBS NOFEAR

NOFEAR I posted the headline about RBC before you did on Friday at 14:18. So you are not the person with breaking news lol!

The current debt equity ratio is 0.8 far better than what pmo had. And given that hbr has reduced debt by 10% in the first 2 months of existence is a good sign. Furthermore they have 1 billion of liquidity to reduce debt further or invest in profitable projects. I don't think these facts shows me that debt will kill hbr lol.

Big sell after 5pm of c1. 2m guess that's a creditor sell off!

I think he meant when it enters ftse 250 not the price of 250p. God forbid if it goes down to 12.5p in old price terms!

HARBOUR ENERGY PLC : RBC CUTS TARGET PRICE TO 650P FROM 660P

Usually the Yankees help push price up after half two with brits creating a drag during the morning. Let's hope its back above 400 by end of the day.

Sod's law. Saw it at 362 went to fund my account in HL and it jumped up by 3% to 375 by the time I funded it in 2 minutes. I'll give it a miss. Average 20.4p.

I think you are correct as that what happened in April when it became HBR. I think creditors started to flog off without a lot of retail investors able to buy.

I reckon someone/people thought they had a huge profit today and decided to sell a big chunk or one of the market makers put in the old level of numbers in for execution lol

I wouldn't say £2.7b as being little debt. This represents 40% value of the company. Although better than PMO when debt was 80% of the company. Debt should be cleared by YE2023, and major reason why HBR got hedging in place is probably for debt covenant agreement to guarantee debt repayments. Debt is a major issue here with the share price and shares being locked up.

I'm with HL. There price is always misleading on Hbr because slow trading. When you press sell button it will shows as 403.8p.

Google feed showing 410p equiv to 20.5p looks like a good start!

I've been reading this forum loads, one thing that most forget is the biggest growing funds are ESG funds which resist buying stocks of oil firms. At the moment Hbr isn't in either an ESG fund or a FTSE 100/250 benchmark fund. So when this shares becomes a part of 250 at least some decent activity on the price will emerge, hopefully around September.