1032 [Dow Jones] STOCK CALL: UBS cites supportive factors for Hardman (HDR.AU) share price, including resumption April/May of exploration offshore Mauritania, confirmation of potential of 21.6%-owned Tiof field for possible startup in 2007, startup of 19%-owned Chinguetti field in 1Q06. UBS says new CEO Simon Potter has world-class multinational experience. These factors "should combine to help support a positive future share price re-rating," it says. UBS holds Neutral rating, plus target price of A$1.82; last flat at A$1.67. (RCB)
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HDR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
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