today, page-43

re: pull back complete... Hi Louie

Profit-taking is running its course after a good start. I'm up the coast (Port Macquarie) for Xmass with the in-laws and a week at the beach. May need to call on you guys for de-briefings on ASX announcements as I have trouble getting them via my service from my notebook.

Its been a great week or two for HDR/WPL. Let's hope it continues and that Pelican is a goer.

Merry Christmas to all and I hope 2004 is good to you and yours.

Cheers

H