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Only someone like Blair Peach could turn a JW quote about being confident of a positive outcome from the JR into a negative.

Let's not forget that this genius sold out at 6p right before the preferred bidder was announced.

ForrestGump the only tree shake of death will be your 15p short. Never short at the bottom.

Kave usually sells in the afternoon. I could attribute at least 2m to him on Friday meaning he has under 1.7m left. If he sold more on Thursday after publishing the TR-1 then he could be out or under 1 million. We will find out this afternoon. If he starts dumping then he will be out by the end of the day. I think people are waiting on confirmation he is out before adding.

HarChris, mostly it is just one douchebag on Twitter desperate to close his short at a lower price. Been tempted to mute him but if people don't counter his bull**** he ends up scaring people. Difficult balance.

Exactly HarChris, yet some shorters are trying to highlight the debt finance as a negative. The company has to fund its growth one way or another. Its also not like we are going to instantly take all of the available funding as debt. They will take what we need when we need it. These shorters would have preferred a heavily discounted placing to suit their agenda but it hasn't come so they now talk about the finance.

The sells today are bored or fearful PIs selling for a loss. It makes no sense but they are probably off rainbow chasing at PREM and others.

They do need to highlight it more. Previously it was suggested that dividends may be possible at 200m revenue, which the company is aiming to generate in 2024.

It was never going to rise from 20p to 50p that fast. Even my best case scenario had us to upper 20s after that RNS. In hindsight it was a classic sell on news event because JW told us to expect the news in two weeks. The traders bought the shares Killik sold after the January 18th RNS and then dumped them all at once on the 1st. If Killik hadn't been selling it is likely that it would have been 25p before news, spiked to 30p and the dump taking us back to lower 20s. The shares have to end up in the hands of holders rather than traders. This is happening currently, but at a slower pace.

ForrestGump is a trader who didn't leave with the rest of them. There's always one amateur who sells at the bottom whilst convincing others to do the same. He was predicting 50p a couple of weeks ago, shows how good his predictions are.

Guessing you sold on Friday. No way this is going to 10p. You missed your opportunity to sell and short after the news.

I could be wrong but I reckon tomorrow will be when the bounce starts. This afternoon will confirm whether or not Kave is out. Even if he isn't out he has so little left he can't drop it much further.

That was a nice read. JW has performed miracles at these yards over the past couple of years.

I made a post on this a few days ago but it seems to have gotten lost in the panic. I'm not going to copy and paste it but I see 130-145m as possible and I did not include the capital investment.

We're going to smash the 2022 revenue as that is going to look artificially lower than it should be due to some payments being deferred to 2023. That makes 2023 higher than it otherwise would have been to tip the scales further.

Several things have happened here over the past 6 months affecting the share price.

1) Killik and Kave have dumped around 19 million shares between them since January 19th. That is a huge amount in 3 weeks. These have had to be absorbed by PI before the share price could stay still nevermind rise.

2) Appledore sold their 9m shares almost as soon as they received them as part payment for the yard in November. Again these had to be absorbed by PIs, and whilst that was a lot easier at 6p it was still 9m extra shares that could have been bought from existing stock prior to their dump and meant we only made it to 10p on rumour of us winning FSS.

3) There was a seller during the summer and autumn of 2022 that meant regardless of news the share price kept dropping. Was this Lombard? They apparently disappeared from the large holders list without a single TR-1. This selling resulted in the all time low in October, which meant any rise starts from a lower base.

4) The professional trader crew that ramp shares on Telegram and Twitter latched on to the preferred bidder announcement knowing that news on winning the contract was guaranteed early this year. JW then telling us to expect news within two weeks made that the easiest trade a lot of them will see this year. They bought shares and sold them into the volume on the morning of February 1st confirmation. These people are now silent. Again this is further shares that have had to be absorbed by PIs. However it is likely their shares originally belonged to Killik and Kave.

5) Opportunistic shareholders looked at the TR-1s and thought a drop after news is likely as Killik continue to sell and have sold their shares on the February 1st news waiting to get back in lower. Given that Kave is on fumes and Killik have likely stopped these ones should be back soon.

This is why we are down here. Without these entities dumping it is likely that we'd be in the 30s now.

Some like to say Killik especially are exiting because they know something we don't but they started dumping at 6p.

There was an article a while back suggesting this is worth 30p even without the FSS contract. Nothing is priced in currently. We've been absorbing large holder sells for months which is suppressing the share price. This is coming to an end.

I don't expect a rocket up to 30p. A lot of people interested in HARL have absorbed the Appledore, Killik and Kave shares. So it will take further news, contract wins and PR to get more people interested in the company. It should in the least have a technical bounce back to around 20p.

More news is due. JW said in November...

"some key and large contracts that we have been negotiating over the last 18 months, due to come to fruition in the next couple of quarters."

Note the plural. We've had one. I look forward to whatever he has coming up for us. This isn't a one trick pony where we have to wait until 2025 to see value because it's all about FSS. We're operating in f

These accounts are all we are going to hear about for the next 3-4 months. It's all the trolls have left.

Problem with shorters is they get greedy. They start shouting about 15p targets and then when the price gets there they keeo it open and start shouting lower. Eventually the price goes up and they are still holding.

JW needs to get the PR machine going and highlight what to expect in 2023. A profit forecast would be nice and help settle those who might look at the lower numbers last year ignorant that the deferred payments will make this year's figures look a lot better. I bet if you average out the two year period 2022 and 2023 things will look much better. At the end of the day does it matter if a payment is booked in December or March (for example)? The company still gets the money.

TheDogFarther, the only reason a person would be on a stock board trying to put the fear into holders is because they want the price to drop further. He knows what he is doing or he wouldn't be here.

I do find it interesting how certain individuals attempt to control the narrative to suit their shorts. Before the contract was confirmed it was all about "it might not happen, please sell", now it is all "the company made a loss in 2022, please sell". There's always something.

Problem is TheDogFarther, there are people shorting this and they tend to look backwards for the worst bits of news to scaremonger with.

Everyone knows the 2022 accounts will be poor, it was implied in the December 30th RNS and is priced in now. Forward looking statements are what will make a difference here this year.

Hebridean9 is using the same arguments Suhail is using on Twitter, almost identical. Quite clear who he is.

2022 accounts will indeed look poor, but as I've said before the market is forward looking and the deferred 2022 revenue will be added to 2023.

Avyererdowt, if history is going to repeat itself then I look forward to the 2018/2019 spike coming. But history only reoeats itself when the historic moment is a negative right? :)

Stokey you are correct that the selling in the past couple of weeks is not just down to Killik and Kave. I would argue that the majority hasn't been. At least until Kave took us from 17p to the current price.

As I have said before recently a lot of pump and dump traders bought shares here with news expected and they closed their positions within the first hour of trading after the news.

HARL was widely tipped a couple of months back along with BOIL, PREM and AVCT as the shares to have this quarter for some quick profits amongst traders and they have been rotating between them. Those traders are all gone from here for now. They had no intention of investing.

Expect these parasites to be back ramping the gas caverns around the JR in early May and we'll be back into the mid 20s. Then we will win the JR and the share price will be down 10-20% over the following week as they close their positions. Then you will be back here telling us "history repeating itself again!".

If Killik and Kave weren't selling we would have still had a big trader sell off but the bottom may have been 18p rather than 14p. Therefore I believe we will quickly bounce back to 18p when Kave is out and Killik stop dumping - both of which look highly probable now.