I've just had a quick look at IOG's announcements (HHR's next door neighbour) and have noticed some interesting correlation between their news and the HHR shareprice.
For what it's worth, 3 days after IOG announced a delay in their production drilling because of a faulty leg on their rig, the SP of HHR slid back from 3.4c to a low of 1.6c.
However, on 14th Dec, IOG said the problem had been fixed and they expected to spud at the end of this week, and hey presto, the HHR share price is starting to rally.
11 Oct 2021 ann:
https://tools.eurolandir.com/tools/...&lang=en-GB&companycode=uk-iog&v=
14 Dec 2021 ann:
https://tools.eurolandir.com/tools/...&lang=en-GB&companycode=uk-iog&v=
Ann: Updated Corporate Presentation, page-91
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Mkt cap ! $18.25M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 5416304 | 0.6¢ |
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|---|---|---|
| 0.7¢ | 25535401 | 28 |
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