Ok ppl as I hold a not insignificant number of HDR shares I would appreciate some serious discussion on what the likely scenarios are next week.
Lets assume that no other bidder emerges between now and voting day.
That leaves us with 2 possible outcomes, being a YES or a NO majority vote.
What do people think will happen as a result of both options?
YES vote - the way i see it the share price should stay above the $2.02 mark to reflect the added value of the 40% script offer.
NO vote - I'm not sure what will happen in this case. Either the price will plummet or rise on expectation of a revised Tullow bid.
What do others think? As I mentioned before I would appreciate some real discussion here as I and am sure others still have a lot of money riding on HDR.
/pessimist
HDR
hardman resources limited
next week
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