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0.7¢ hartshead resources nl

UK Gas Market, page-2

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Byron

8,763 Posts.

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16/06/23

10:11

Post #: 68317984
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Originally posted by 5*: ↑

It's been a very interesting few weeks in UK Gas Markets.
A sharp bounce in the UK Nat Gas price rallying back over 100 gbp/thm
UK government announcing they will waive the windfall tax if the Nat Gas price falls below 0.54 gbp/thm for 2 consecutive quarters
Sir Keir Starmer seemingly softening his stance on UK Oil and Gas saying it will be a crucial part of the UK's energy supply under Labour

It seems to me, that both side of politics in the UK are quickly starting to realise how much they need North Sea oil and gas both for energy security and to keep domestic prices in check.

I think this politics has weighed on hhr but the last couple of weeks have given me more confidence.

The stock has been beaten up a lot post capital raise and we are nearing the end of the tax year, but the fundamentals are starting to turn back up quickly. I still feel management did the right thing doing the cap raise, the short term share price movement shouldn't be relevant if you are long term holder. They needed funds to get this project into production, so management should ignore the noise and focus on delivery. If they can deliver what they say they can the market should eventually realise the potential of this project.

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Good assessment, from my discussion with Director this appeared clear....this is their focus, good luc
HHR Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $18.25M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	5416304	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	25535401	28

View Market Depth

No.	Vol.	Price($)
1	5416304	0.006
23	5959943	0.005
8	4652500	0.004
3	3816666	0.003
4	7200000	0.002

Price($)	Vol.	No.
0.007	25535401	28
0.008	6388875	8
0.009	1750000	3
0.010	1150000	4
0.011	743000	1

Last trade - 16.12pm 11/10/2024 (20 minute delay)

HHR (ASX) Chart

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UK Gas Market, page-2

Issues emerging as Australian companies tackle critical minerals challenge

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Buyers (Bids)

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UK Gas Market, page-2

Top Stories

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Tonight's US CPI data could set the tone for November. What are markets expecting?

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

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Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

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Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News