achapman
I agree with your interpretation of the run on HDR today. Corporate action - a move by WPL, or those close to HDR pushing it up before a capital raising in the UK?? The JV has been extremely tight with information leaks to date so I if there is news regarding Banda it would be surprising if insiders close to HDR were the only ones to know. HDR provides better leverage but a good find would also be significant for the other partners.
The OPEC meeting was probably weighing on the oil stocks in generla today - hence the falls in WPL and BHP. I'm not sure why ROC would fall. In this case, these falls tell us little about the results of Banda.
H
- Forums
- ASX - By Stock
- Did you get the news?
HDR
hardman resources limited
achapmanI agree with your interpretation of the run on HDR...
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online