Hurricane Energy Share Discussion Threads

[nicebut] 28/3/2017 13:55

CA should`ve said in that tweet, it`s going to be great week for CA...

Anyway at least I seem to be getting this stuff (sp direction) right, at last. Only taken 20 years.

[davidblack] 28/3/2017 13:43

I think it's just selling by people frustrated by the lack of movement upwards following great results.

It's worth remembering everyone who sold yesterday or today made a profit. This is not loss driven selling my call is it's frustration that CA are effectively killing any big upside.

Long term it doesn't matter and there is an upside that casual shareholders who are not committed move on ahead of a post CA selling world.

I reckon it will be near flat at 16:30 though.

[kaos3] 28/3/2017 13:40

gap Will be closed once and for ever

[bountyhunter] 28/3/2017 13:36

a farmout would be a better option imo especially if they can get a decent deal post CPR update for example with BP

[nicebut] 28/3/2017 13:26

Well if they have to do a placing then the FI is obviously some way off. Some of us won`t be happy- lets hope not.....

I think its just selling, compounded by the fact it hasn`t gone up as some expected- So they are selling too.

[rayrac] 28/3/2017 13:22

The threat of a placing is maybe, on some peeps minds. Looks that way to me.🙈

[ileeman] 28/3/2017 13:14

Maybe just needs to consolidate the move after the break into new all time highs, after all HUR has a £700m cap currently I suppose you cant expect big daily spikes. Added some more this morning.


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[rackers1] 28/3/2017 13:10

oil firmer perhaps due to libya's biggest field Sharara said to close and its output drops

[rayrac] 28/3/2017 13:04

The oil price isn't the cause. That's standing up quite well. Perhaps it's true, the Saudies are cutting back on sales to the US? That could be their answer to fracking!

[rayrac] 28/3/2017 12:53

I`m sorry- Yes this will be 500p by April.

Nicebut he ain't?

Year please...

You can't beat value and HUR has it in spades..so I'm digging in😅

[tom111] 28/3/2017 12:50

Never thought I would get in at these low prices,Malcys mentioned a t/o in £2 or over is possible

[ileeman] 28/3/2017 12:48

Doesn't make sense to be a placing, standard practice is place into the rise/spike.

We have had the same price action since the open when the first news was announced, most likely just crystal derisking again.

[adam] 28/3/2017 12:37

Chestnuts- yes, I strongly suspect a placing is the reason and being front run by insiders - hence price weakness.

[f1araway] 28/3/2017 12:37

OdvodYes, good points expressed, thanks. A more positive thinking required on my part.

[nicebut] 28/3/2017 12:28

I`m sorry- Yes this will be 500p by April.

[nicebut] 28/3/2017 12:11

Farm in, joint venture or partial buyout thats all IMO.

Placing and almost every other kind of fund raising will either dilute or act as a drag on the share price in the short to medium term.

It is so important, IMO, to get another Oil Co taking some of the risk and at the same time adding oil industry confidence to what HUR are saying.

[chestnuts] 28/3/2017 12:08

Did no one read my post about a placing

[jackthecat] 28/3/2017 12:06

in short folks, what and when will allow this to move up?. seller gone?, other positive news?.

Leeson, long time no hear!.

I was well out of AFREN, sold the whole lot between 120p-110p on the way down.
total nightmare, but still cleared 200k in the SIPP profit.

Happy hunting

Jack aka papaduke

[ngms27] 28/3/2017 12:02

Well I'd be inclined to multiply the CPR 2C number for Lancaster by a factor between 3 and 4 initially to give an idea of what the structure may hold. This will likely be a conservative number.

I'm presently thinking the CPR won't go above 400m 2C but would be delighted if it did. I suspect the 2C number might be lower than we hope with a wad of 3C thrown in.

[gary38] 28/3/2017 12:02

Agree Leeson

[odvod] 28/3/2017 11:54

F1 - same price as before to slightly down as CA would not be selling so much - if they are the seller anyway (rules are there to be changed in such a clear case imvho). Why would CA decrease returns just because of a rule - postpone selling for a 6 months and get allowance to do so.
It could be left pocket to the right pocket selling in order to maintain the wished for share price Or front selling the capital increase. Time will tell.

[leeson31] 28/3/2017 11:51

Once we get Lancaster CPR imo you can factor in Halifax as 1.5x bigger. This is why the CPR can be share price catalyst....specially as they're now one field