"However he did say he has no doubts that some time down the track Woodside would make an offer for Hardman at a price more reflective of its potential -- ``possibly around the $5 mark'' -- which would make Hardman a $1.5 billion company."
Come on Mr Burns.... $5.00 - You gotta be joking!!
$5.00 may be HDR's worth as far as Woodside and Deepsea Block 4 are concerned ....
but what about Blocks 3, 5 & 6 and those gems up north, namely Blocks 7 & 8.
Dana will put a similar if not greater value on HDR.
And what about ......
Malta, offshore Guyane (French Guiana), offshore Gabon, the Albertine Graben in Uganda and the Great South Basin offshore New Zealand. And the established Woodada Gas Field north of Perth, Western Australia.
How about $20.00 Mr Burns?
HDR Price at posting:
0.0¢ Sentiment: None Disclosure: Held