Where do you think it will settle? I agree all stocks are getting hammered, even market darlings eg WSF 18 to 12.60 in a few months. Any stock of a speculative nature gets no market reaction on good news unless they announce the cure for cancer or exclusive rights to Saudi oil fields. i have a couple of other stocks where the market has had no reaction. I think HDR is suffering from anything less than 290M bbl oil at Banda is just not good enough mentality. Investors are even pulling out of big stocks and a lot of speculators dont want to be in a stock that is results driven as it may just drift away or reaaly drop if a war breaks out. My concern is that HDR has broken what I read previously was its support level of 72, I am hoping today was an unusual day because of consistent falls in world indices and that spudding at Chinguetti will respark HDR. Oh to have got out at 88 and buyback at 72.
HDR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
