Kirkes are still behind Patersons, Carmichaels, Sanford and AOT, after Salomons.
The early buyers were Findlays, Macquarie, Salomons, Hartleys and co, but I can't tell if their orders were for WA clients.
Even a Perth based broker can deal for an Eastern-seaboard client.
I reiterate my earlier comments that this market will not fully value HDR even on good news.
This leaves the co vulnerable to a takeover at below a reasonable valuation.
Do not accept any takeover offer, please!!
At least not until thinking/talking about the value of the stock.
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