hardman 4 ever, page-6

Agree Daski, if you are seriously in tune with the HDR history you will be aware that the reason HDR was overbought and went to the $2.40 mark was the involvment of Fidelity.
When HDR were trading at $1.20, after the placement, Fidelity began accumulating a lot more shares, 60 million from memory, this constant buying of shares took some weeks to complete, stock watchers of course observed this constant buying without knowing the reason and a snowball effect followed and the stock ended up rising too quickly and being overbought.
When it was announced that Fidelity were involved other instos became involved and the share price hovered in the $2.20 range before weakening to the $1.90s coming up to the Wildcat drills which were both failures, when it dropped to the $1.40 mark,no secrets there. Other events impacted on the price in various ways and the above is only a brief explanation of the significant SP moves.
The stock seems to be entering a new phase now, Chinguetti development work will not be exciting for a few months but the TIOF flow tests should excite as will the development announcement.
Two more wildcats and Guyane farmin will also be significant.