Hurricane Energy Share Discussion Threads

[rojer108] 28/3/2017 18:34

Has anyone started shorting this? I suspect a drift with this news vacuum.

[gibso6767] 28/3/2017 18:31

LW wouldn't surprise me if there was one combined with another funding device , I've kept some dry powder just in case

[lfdkmp] 28/3/2017 18:30

Terry

You forgot to mention the Albigensian Crusade and the extermination of the Cathars in the Languedoc.

[lw425] 28/3/2017 18:24

Are we expecting a large placement soon?

[rayrac] 28/3/2017 18:10

Yep, that's him buffy. The State of Austria at the time? Or perhaps not. At the time V1's and V2's came over my head from Holland, courtesy of Germany. And him!

[buffythebuffoon] 28/3/2017 17:53

Rayrac, if you are talking about the guy with the dodgy haircut, I believe he was Austrian.

Buffy

[rayrac] 28/3/2017 17:47

Yes, 55p seems a marker and there's no doubt the value is there off Shetland...it's just a matter of how much gets back to believers?

[laserdisc] 28/3/2017 17:41

over 6m volume in various late trades some dated yesterday certainly seems improved liquidity, whatever is going on corporate wise its not dropped below 55p another key point

[gibso6767] 28/3/2017 17:40

Are Hurricane putting the Cart Before the horse with CPR news soon , then machinations of a Financial type follow not long afterwards

[rayrac] 28/3/2017 17:38

Hope tomorrow is better. Bit of a disappointment to say the least? It must be written in the wind somewhere!

[ileeman] 28/3/2017 17:18

"I disagree it's been a great day with 19 million shares traded allowing short termers to exit ahead of the CPR in the next few days or so."

This.

A lot of weak stock cleared set up nicely. Chart still in new highs territory.

Also chart semi-closed the gap from the news open.

[jacks13] 28/3/2017 17:18

I notice that the normal market size has increased from 15K to 30k shares in the last few days. Trivial perhaps, but it does suggest improved liquidity in the stock.

Normal market size:

Normal market size (NMS) is the minimum number of securities, as specified by the London Stock Exchange, for which a market maker is obliged to quote firm bid and offer prices.

NMS for each security is calculated quarterly and is based on 2.5 per cent of the security's average daily turnover in the preceding year.

[odvod] 28/3/2017 17:06

Poor dr. T. I have been in such situations. Pressure, corruption, profiling, following etc. on him is not a distant possibility.

Hire a negotiation team with a guidelines and hide until it is finished :(

[rutter] 28/3/2017 17:06

That should be about 2019 :-(

[jacks13] 28/3/2017 16:47

The link between the CPR and the potential for a farmin. Hurricane is a small enterprise with a flat management structure where one man makes a decision and that probably is the end of it; decision taken. Majors are anything but, and in order to get a farmin deal through the chain of command everyone will want their decision backed up by documentation. No risks taken with career here, thank you very much. So we can expect news on some sort of corporate action, even if it’s in the negative, quite soon after the CPR is published and the potential partner(s) have had time to peruse it.

[davidblack] 28/3/2017 16:37

This is what we need on CA:

Eurocell Plc – Industrials - Private equity sell down

Eurocell
c.£41 m
Block Trade
Joint Bookrunner

March 2017
Canaccord Genuity, acting as joint bookrunner, has successfully placed c.£41m worth of shares in Eurocell plc with institutional investors for H2 Equity Partners. The placing represented 20% of the Company’s issued share capital.

Over half the of the placing went to entirely new shareholders and the Company’s free float is increased to 100%. The share price performance since the placing has been extremely strong.

[gary38] 28/3/2017 16:33

100% David

[davidblack] 28/3/2017 16:24

I disagree it's been a great day with 19 million shares traded allowing short termers to exit ahead of the CPR in the next few days or so.

So yes the stock gave back half its gains but who actually really cares other than the traders who move in and out like flies. Best for them to leave and pass their shares to stronger hands.

[jacks13] 28/3/2017 16:22

Is that viewed with an intention to buy gibso or are they window shoppers?

[jacks13] 28/3/2017 16:19

I don't think the share price action is directly linked to the size of the resource Kandymans1, there's plenty there. The CPR, the one due imminently, will be solely about Lancaster and might go as high as 600mbbl recoverable; and that won't be a particular surprise to anyone. What will unlock the value is a funded route to the EPS. As someone has said, a well heeled partner would de-risk the proposition and we might then see a liftoff.