HDR hardman resources limited

hdr sells eni-agip percentage, page-52

  1. 16,265 Posts.
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    re: hardmano...please read Irish

    Good point about selling off the jewels but just ask yourself where the share price would have ended up with a placement of say 100m shares at $1.10 (a typical discount) to raise a similar amount of cash. Yes that's right - the share price would have headed towards $1.10! I expect with this excellent sale price and all those $s in the bank that the share price will firm at least around current levels - or then again if I allow myself to get excited - it might jsut rocket! Whoops that was a ramp surely - like all the other advice I have been posting since they were 20 cents!!??

    Cheers and good luck whichever way you are playing it

    H
 
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