Member Info for Urraca

Since late Jan, shorts have reduced by 36%. And since late Jan, the oil price has gone up 17%, with a spike higher coinciding with when we last filled a tanker and handed it over to BP. On top of that, over this month, the value of Hurricane's bonds has almost doubled.

Taking all of those factors into account, it wouldn't have been unreasonable to expect a doubling of the share price from its ridiculously debased level. All it's managed is a paltry 25% rise. The market is still pricing Hurricane to fail. That can only be because of the successive shroud waving RNSs the Board have been issuing, and a clear expectation that they're going to continue doing the same.

Good RNS out. I expect Bakky will be on shortly to join in the general rejoicing.

Shakineven is referencing a sentence taken out of context near the bottom of the Interim Management Report, and which is required by regulatory reporting requirements (I'm an accountant and this is one of those regulatory compliance requirements that make you want to give up on life). The section discusses whether the company is a going concern. The sentence Shakin has plucked out explains what they would do if they concluded they were not a going concern, but he omits to relay that by the end of that paragraph, the Company has concluded that it IS a going concern - and hence no need to undertake a raise. Shakin is being deliberately disingenuous to try and get inexperienced investors to panic sell so that he can get a better entry price - and he keeps mentioning a specific entry price to try and instil it in the minds of inexperienced investors much like the way Derren Brown does his influencing trick.

Shakin knows exactly what he is doing, despite his protestations of innocence. I therefore advise everyone to block him, so he can shout his lies into silent indifference.

The great price rise from the January low was on the news of the Beckman Coulter tie-up. That hasn't gone away. The price drifted back to £1.10, before bouncing back on news of the first kit shipment to the US.

So the price going back under £1 is a massive over-reaction imo. It's been one month since the kit shipped, and people are selling out because we haven't achieved full US market penetration yet? That is kind of ridiculous. Any news of sales of kit, further kit shipments, regulatory approvals, and the sp will bounce back well over £1 really quickly.

Going under £1 has been because of mass selloff by panicky punters who've got the investing attention span of a gnat and make day traders look like LTHs.

Back over £1 next week, if there is even an atom of sense here.

Getting bored with the trolls header

Lets be honest, the only sentence in the RNS that sparked the rout was describing the timings of WHO and FDA regulatory approval as uncertain. It could definitely have been worded better, but its factually correct, and no different to the state of play yesterday.

It would be good if DB could indicate tomorrow that the company are in touch with WHO and FDA and stand ready to answer any questions or provide any clarifications they require.

Maestro, if you look at the sales of the 'hot' covid stocks, apart from ncyt (a great co. Btw) sales to date have been very unimpressive. But the world is still struggling mightily with the pandemic, and repeated lock downs. This one is going to run and run. It's the new normal.

If HUR is dead in the water its peculiar that there was a little tick up in the price of their bonds today

Yes maestro, ncyt are already selling kits. Probably why their market cap is 10x GDRs. I don't think we're going to 10 bag - but there's still a huge market out there. People have been calling the end of the pandemic, and covid stocks, since around May last year.

One good hard shake. And all the trolls will come out.

It is n this site too. Look at volume in the Genedrive share price box. Always happens across almost all shares. It's all the delayed reporting trades.

Finish around 98p I reckon Bonkers. Oversold, imo.

Caroline Lucas used to be a frequent transatlantic flyer, so in common with most greens, I expect Eamonn's carbon footprint massively outstrips mine.

I would have more time for the Greens if they followed their own logic and embraced nuclear power as the only currently viable CO2-zero energy generation tech we have that can sustain our modern civilization. Their adamant refuse to countenance it just shows they wilfully refuse to live in the real world. As such, they should not be allowed any input into real world policy.

The implication of the 11Sept RNS is that the now expected CPR will test the assumptions made by the inhouse technical review team, to see whether the kitchen sinking is endorsed, or perhaps worsened or ameliorated with a further 6 months well performance data. Assessing reserves on a FWP is speculative. Having said that, with apparently limited FWP options on the table, maybe the CPR will give some guidance on expected reserves upgrades flowing from the different options, which may help the Board sell their preferred option to stakeholders. Who appear to be just the bondholders, not the shareholders. We will see in due course.

Still invested here Bakky? Strange to come on the BB to gloat and exult when your investment is doing poorly. Are you also into bdsm? Own a gimp suit maybe?

Rats, looks like I missed the 'bakky buy alert'.

I think CA 's recent commentary essentially reads the Board the riot act. Pull it together and start making some positive noises, instead of the incessant shroud waving that's gone on since Trice got purged, or they will call an EGM and try to replace them all.

It gave me a little chuckle though Robina, after I'd goggled in disbelief for a few seconds. I'd accept less for a takeover though. Maybe even considerably less :-)

That is extraordinary stuff from CA. And not helpful for the sp. So I assume that they have run out of patience, and now plan a more activist approach. I think Taverham is right.