Astronomer
No doubt Hooter is expressing the same opinion as a number of other HDR posters who have recently commented that HDR has been manipulated down, and kept down by the rumoured placement. I believe that the placement is confirmed today in a Intersuisse investment report - a poor way for shareholders to have it "announced".
Once the placement is "outed" many believe HDR will quickly rise back to higher than before Banda - i.e above 86 cents (and perhaps in my estimations to over 90 cents). The corporate slant was hinted at in today's AFR article, but I have my doubts about a move by WPL.
Cheers
H
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