fidelity becomes a significant shareholder, page-6

H, Abuman

Not many Aussie oil and gas companies can boast to have Fidelity as a major shareholder. This is as good an indication as any that HDR has been elevated into an investment class stock.

HDR is just about the best hedge against high oil prices. Peak oil is all but dawning on us so protect yourself. Don't be surprised if oil hits $50 this year; I have thought that oil would reach $40 this year but it has done this very easily, and somewhat disturbingly.