Hurricane Energy Share Discussion Threads

[ltinvestor] 24/10/2016 16:27

250,000 buy at 40.25p LT

[bigdazzler] 24/10/2016 12:59

I haven't seen anyone mention shorting maybe I've missed that.

[gary38] 24/10/2016 11:50

Shorting is not advised at this time here as the price has more chance of going up than down.The price at the moment is great value at 40p .Buy at 40p and see it at 50p rather waiting for 34p and miss out on 25% increase.

[bigdazzler] 24/10/2016 10:52

I don't at current time and I hold a fair few at moment.

I want a bit of selling pressure to move price closer to placing price so as to buy in the open market and then make use of the placing offer with my already held shares then after placing I want the fundamental news to lift price higher.

[gary38] 24/10/2016 10:47

Will want the share price go up not down.

[adam] 24/10/2016 10:27

Must be a lot of flipping going on

[bigdazzler] 24/10/2016 10:21

Well I'm hoping someone will put a lot of pressure on this share by selling so that it gets closer to placing price so I can be greedy and buy a load more.

[mr roper] 24/10/2016 09:45

i would assume the share price will be held in a pretty tight range until the fundraising is complete.

[leeson31] 24/10/2016 09:29

seen situations like this over the years where a rtesolution or shareholder approval is required to complete a placing but price significantly moved by that point... it would be awkward if share price went to say 28p by the 7th nov.... fact is, its agreed, its a formality, and imo it puts a base to the Sp at 34p placing price now..... the 40p area offers incredible value imo

[gary38] 24/10/2016 09:16

Offering 34p is less than 20% discount of currant price which is reasonable at time of offering.So if the the price went to 50p this week or later life don't think it would be embarrassing for the bod.

[control1] 24/10/2016 08:27

People have had time to top slice, public interest is growing, helped by the piece in the Mail.

Like someone said on here last week, it would be pretty awkward for the BOD to be recommending 34p if the share price was at 50p....

[ltinvestor] 24/10/2016 08:26

It is quite apparent to me that there is a seller in the market and the mm's are managing the situation.He won't be around forever!Much of the trade transacted up to now this morning will show up later including my purchase.LT

[dave19w] 24/10/2016 08:14

Maybe it's just settling.. Similar buys to sells ratio. Some people maybe top slicing or unloading/de-risking

[control1] 24/10/2016 08:09

SP definitely being "managed"...

[gregpeck7] 24/10/2016 07:41

Gutted i only put 3k into these originally lol... may well top up today this does seem like an incredible story with multiple outstanding outcomes.. need to make sure Halifax allow me to take part in the offer as well!!

[investment dave] 24/10/2016 07:25

Exciting day ahead here it would seem!

[leeson31] 23/10/2016 22:04

Lincoln no brainer. Min 150mmbo 2P. Get spudding :)

[ltinvestor] 23/10/2016 21:14

Laser.Good luck.I will apply for my entitlement and probably buy 125k in the market tomorrow around 41p unless the price gets away from me.LT

[laserdisc] 23/10/2016 21:05

LT off to the bsociety tomorrow for a chq, going to try an excess application when I get the corporate action presently no show on any accounts so far

[ltinvestor] 23/10/2016 20:59

Zztop.Appears so!! LT

[laserdisc] 23/10/2016 20:57

PETROFAC FACILITIES MANAGEMENT LIMITED
DRA/420
Lincoln
205/26b
Well Type
Exploration
MoDU
Transocean Spitsbergen
Platform
None
Consent to Undertake a Geophysical Survey
(Vertical Seismic Profile (VSP))
GS/525/0
12th October 2016
9th November 2016
Submitted
.................
Sea explorer left port of Norway I reckon Sunday pm I am tracking but cannot be sure its related it was the vessel we last used around Lancaster. But seems they are doing this so they are sure things have not changed and they hit where they want to

ZZ we start the same cycle on a shorter drill period we do have some risk as in all drilling but the thing is this is not a wildcat they know what the previous seismics have shown

[zztop] 23/10/2016 20:56

Lincoln is a no brainer then..?

[ltinvestor] 23/10/2016 20:52

Dr Trice has stated that Lincoln is a photocopy of Lancaster! LT

[laserdisc] 23/10/2016 20:42

Very similar fault networks to Lancaster, and no change in density of faulting to Lancaster