cpecan, I belive that WPL is trying to suffocate HDR by witholding information from the market. In 4 months time they will hit HDR with a big capex bill for the 03 production/exploration budget. This will stretch HDRs resources. WPL will then play the white knight with a freindly takeover. We'll get $1.50-$2.00 a share but most of the upside will go to WPL, who will then have an incentive to start talking up the field.
- Forums
- ASX - By Stock
- Gas and Oil Traps
HDR
hardman resources limited
cpecan, I belive that WPL is trying to suffocate HDR by...
-
-
- There are more pages in this discussion • 12 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