HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

RAMSEY QUANTITATIVE SYSTEMS's Holding History (CIK: 0001132897)

Note: Option positions (PUT/CALL) are excluded.

Q4 2018

Shares 18,255 Value ($000) $93 Avg Close $5.85 Range $4.75 - $6.63

Q3 2018

Shares 18,255 Value ($000) $114 Avg Close $6.31 Range $5.73 - $7.46

Q2 2018

Shares 13,217 Value ($000) $94 Avg Close $7.10 Range $6.30 - $7.98

Q1 2018

Shares 13,637 Value ($000) $94 Avg Close $6.65 Range $5.94 - $7.40

Q4 2017

Shares 21,448 Value ($000) $131 Avg Close $5.63 Range $4.79 - $6.61

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	18,255	$93	$5.85	$4.75 - $6.63
Q3 2018	18,255	$114	$6.31	$5.73 - $7.46
Q2 2018	13,217	$94	$7.10	$6.30 - $7.98
Q1 2018	13,637	$94	$6.65	$5.94 - $7.40
Q4 2017	21,448	$131	$5.63	$4.79 - $6.61