down she goes!, page-2

Both WPL and ROC are steady, so today's action is only in HDR. Fun and games at the moment with Dec options soon to expire and Macquarie warrants due on 18 December. Its better for HDR if options are exercised as they get the $s.

Interesting times. Is it a buying opportunity or will HDR go lower if Pelican is a duster?? Its a tough one - but I suspect that low 60s is support regardless at present with Tiof appraisal to follow and Ching commerciality decision etc.

H