Hurricane Energy Share Discussion Threads

[talkman2] 15/5/2017 17:30

Just listened to the podcast. Nothing alarming at all. AS is a bit flamboyant in his prose.In fact I found it rather bullish on recovery rates and his last comment that HUR want to cash out. What does that tell you. Silly share price action today. The oil has gone nowhere.

[davidblack] 15/5/2017 17:29

There is a hint of "Omnishambles" about this.

Clearly not as tight an execution as we would have hoped for.

[sheep_herder] 15/5/2017 17:21

Where is the podcast? I was looking on the audioboom web page but can only see one from Malcy today.

[prefab] 15/5/2017 17:18

That'll be pretty much all of the warrants placed now, time to make their clients some money. I don't know what's been funnier today, the trolling here or the unsubtle position posting over on LSE.

[laserdisc] 15/5/2017 17:14

i decided to sell 50% of my holding i was in profit so thought i would preserve capital going forward, after all cash is for spending and enjoying life,i still hold around 180k shares, it seems that co is up for sale from what As says on Vox but will Kerogen and others facilitate a sale at a reasonable price ,lets hope if they sell out they get a better deal than Ithaca did

[the guardian] 15/5/2017 17:13

My portfolio is now worth less than it was at the beginning of the year. :-((((

[123js] 15/5/2017 17:11

Also his farm-in partner discussions seem to have dipped into the background, relatively speaking, and of a smaller size...the focus was gung-ho about equity raise...

[swindon41] 15/5/2017 17:10

Very odd reaction if it's the Vox cast interview that has spooked investors....we've known new equity is on the table, and AS just reiterated what was known and referred to several times recently.....possibly an overreaction and perhaps some stops taken out....roll on tomorrow

[gary38] 15/5/2017 17:04

Nearly 2,000,000 more buys than sells.

[hiddendepths] 15/5/2017 17:03

17.6 million shares traded.I'm thinking that the institutions who have agreed to take stock through the warrants are pre-selling. They know they'll get the stock back at a discount imminently.I was expecting this - but the scale of it has really caught me out. I was anticipating 2-3p. Bloody institutions!Still, in a week or two i guess everyone will have forgotten all about this interlude.

[chessman2] 15/5/2017 17:01

Always irritating to see a big holding fall as HUR has done. However do remember that shares very rarely go up in a straight line and imo this share still has a long way to go.

I agree with ngms and suspect part of the new funding deal will be an equity raise at 50p. Previous such fund raisings have been quickly followed by share price increases thereby putting us back to where we were before. I've only just listened to AS on the Vox cast and in my mind it is clear his comments about raising a slug of equity have frightened quite a few big holders. In the long run this will be seen as a Knats bite.

[francis55] 15/5/2017 16:53

This has all the makings of a treeshake with huge investor in the background who has placed an order the MM,s cant fill asap.Warrants are a know liability but DrT is too switched on and too involved to fall into that trap. Any news immanent? Perhaps Warrants were to bait bigger institutions to come to the table earlier.Dont lose your bottle....

[gary38] 15/5/2017 16:49

Farm-out deal could come at any moment which is HUR primary funding target .

[jackthecat] 15/5/2017 16:42

what happened here now then?, why the fall?. three ago we were at 66p, now back to 54p.

sooner the mgt get this fixed the better. terrible really and wholly not required

[telbap] 15/5/2017 16:36

What's changed? Zero.I admit thought something else afoot, harva, look at the close......if we see a gap up on open tomorrow, all well....

[123js] 15/5/2017 16:36

From the interview seemed as though they had some strong need for the cash to keep the EPS on track...warrant seen as least bad option...but by the sounds of it any other offers were at a hefty discount...with the warrant deal the full 'discount' may only be seen once it all plays out and the 5% face value is just the tip...Also any gamer changer seems a little ways down the line...of course other than the massive finds already booked...

[nicebut] 15/5/2017 16:34

It`ll be just more of the same especially if they go down the debt route....Which will be delta hedged etc etc.

[gary38] 15/5/2017 16:33

No placing until you see it posted by HUR. Just scare mongering by shorters who will move on once they have been stopped out by their broker.

[investment dave] 15/5/2017 16:30

Super insiders

[grum3still] 15/5/2017 16:29

a bounce towards the close suggests day traders covering and in the end they do not matter. Lets hope stifel have been given mandate to do a larger placing as DB implies.

[copestake] 15/5/2017 16:26

Disgusting really