Hurricane Energy Share Discussion Threads

[francis55] 28/11/2017 08:37

Not been on for months - why such a low sp?

[fatnacker] 28/11/2017 08:32

Not easy to understand phowdo, I'll give my head a shake and see if that works.

[fatnacker] 28/11/2017 08:29

Posts crossed, thanks

[fatnacker] 28/11/2017 08:29

Just trying to get my head around that, the point of a short is to sell before you buy and hopefully trouser the difference when the share price falls, so is this fee equal to the difference and if so what is the point?

[phowdo] 28/11/2017 08:19

By charging a fee to perform the hedge.

There is no "winning short" its purely a hedging strategy.
The broker is essentially selling stock now that the client will get in the future through the convertible.

[fatnacker] 28/11/2017 08:15

So if they don't borrow stock how does the broker make his slice and/or pay the wining short?

[phowdo] 28/11/2017 08:06

CLN holders will hedge by essentially being naked short through their preferred brokers (who dont need to publicly disclose their short positions). They dont have to borrow the stock as the broker knows it 100% converts into stock at some point in the future - its only temporarily naked. Looking at stock on loan is useless in this case.

[steve73] 28/11/2017 02:42

I still think it's the convertible holders shorting for their CB arbitrage trades... trouble is the lower the price the more shorts they need to balance..

I realize the disclosed shorts are not increasing, but we should see the Stock-on-Loan figures for this month in a week or so... I'm expecting to see at least a 2-3% rise from Oct.

We'll probably then get stuck around the 40p conversion price on the way up as the shorts unwind against the bonds as we go into first oil..

[technocat] 27/11/2017 22:07

When does the Santa rally start ?

[fsawatcher] 27/11/2017 21:35

kerogen eat RB up like he some kid on street corner selling smack

kerogen put the punk back in the box

kerogen make CA look like crystal meth

[greenmachine1] 27/11/2017 21:25

The interesting thing about CA when you look at their previous history is that although they do not turn "activist" in every company they invest in, when they do the company in question is sold on and CA are at the root of it.

Take Pinewood Studios as an example. They wanted the chairman to stand down but were rebuffed intially. The press got hold of the story and quotes like "corporate governance issues" were used. The rest is history...
Interestingly, at the time they held 4% of the stock.

With Aer Lingus they held 1.8% of stock.

So it seems to me that once they start they have their ducks lined up ready to rumble.

A snakeoil parasitic carpetbagger of the highest order.

[kaos3] 27/11/2017 21:00

Back to my favorite investment strategy - hope

[honestmarty] 27/11/2017 20:54

I'm a bit puzzled as to why this is so low.
Did the company not find vast amounts of oil?
Did they not raise hundreds of million of cash to fund extraction?
Are they not refurbing an early production vessel at the moment?

Like I said, very puzzled.

Can anyone briefly explain why all the negative sentiment?

Thanks

[hiddendepths] 27/11/2017 20:34

This is all rather depressing. At least no serious questions are being asked about the assets.

I'm one of those who is convinced Crystal Amber are up to something. Either that or RB is stupid and shooting himself in the foot. And he is far from stupid.

No doubt we'll find out soon enough what nefarious plans are being laid.

[chutes01] 27/11/2017 19:45

desparate here, it can get worse, a lot fkg worse ...

[zztop] 27/11/2017 18:45

After hour trades don't seem to have much effect imoSo still seems to head south

[gibso6767] 27/11/2017 18:29

Laser massive buys , just a small top up myself , who’d have thought this !

[ohdearohdearohdear] 27/11/2017 18:24

Hope Kandyman doesn't look at the share price!

[laserdisc] 27/11/2017 17:12

985,000 trade after close

[rackers1] 27/11/2017 16:53

Think that's fair zztop

[fsawatcher] 27/11/2017 16:10

jus buy at 24p and yous be alright

loadda money waitin for 24p

crystal amber loanin stock to shorters is possibles coz they get moeny for it