HDR hardman resources limited

Good reasoning.Capital raising could have as much impact on...

  1. 74 Posts.
    Good reasoning.

    Capital raising could have as much impact on HDR's short term price as an oil discovery, only negative.

    I coupled your comment #1 (fund raising on UK market) with the recent placing of Mr. Raven in the UK as HDR's rep. which adds weight to your argument.

    I know very little about fund raising, but if HDR's price exceeds $1.10 I'd almost expect HDR management to start holding out their caps for more cash.

    If this were to happen, would you see HDR fund raising price fluctuation as a good buying opportunity to increase stakes, or as a point to sell then re-enter to lock in some profit?

    Regards
 
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