Interesting that Merrill Lynch have kept it's valuation/price tartget of HDR at $2.48....maybe they are touting for some investment banking work with HDR & sucking up??
HDR really needs an announcement - new MD or, more importantly tiof flows..the current share price is essentially the the culmination of some bad drills and an ongoing, regular and almost determined series of negative annoucements, or announcements that say nothing, and delays to importatnt annoumcenents when expectations were raised in the market. i.e they have basically treating investors quite dismissely on key important matters - (feel-good investor roadshows haven't quite made the grade)
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- heading back to where it belongs
HDR
hardman resources limited
heading back to where it belongs, page-5
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