I think it all comes down to logic, we most of us know we have either a wait for Chin to complete, by that I mean get the drill ships onto other prospects, or get a nice surprise from the Guyane.
So what do many punters do? They do what I have done perhaps, I've offloaded a portion of my holding and put it (on a short term basis) elsewhere. In fact I have a feeling my sells rocked the boat a bit this way.
What do I read from that? It appears the shares can be manipulated by internet users (small punters) when the market in that share is rather quiet. The other point is, don't panic on low turnover, it never seems to be a good time to trade! If I or you can move the shares, it means absolutely nothing.
HDR in my opinion is a great buy over the next 6 mths and I personally have my eye on the right time to stack up again. I still have a large proportion of my portfolio in HDR , but I do like to trade elsewhere now we seem to be in a quiet period.
Nothing more, nothing less. :)
Good luck all!
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even the asx made sure hdr closed on the days low, page-4
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