Hello H t L,
I echo your sentiments entirely. There is no logical reason for today’s fall in the share price.
At the time of writing, according to LSE, there have been 3.7 million shares traded of which 1.29 m are sells and 2.60 m are buys. It simply doesn’t make sense for today’s fall. I’ve noticed that every time the share price has increased today it is immediately sold into and is followed by a sequence of buys.
It looks to me as if there is stake building at mates rates.
However, today’s fall and the buys going through could indicate the market’s confidence that a significant increase in the share price could be just around the corner. Perhaps I’m looking at Hurricane through rose coloured glasses but everything points to Hurricane’s share price being seriously under valued.
There’s an old saying - the market knows the price of everything and the value of nothing.
As you say, Dr Trice needs to prioritise the hook up and first oil and getting off the AIM market… Once these events have been completed we should have a re-rating of the share price.
Hope you are well.