very hard on Ching reserves too - and still have the NAV over $2.
Rememebr that it is the same geniuses that sold MIM for a song that are marking down Hardman - our wonderful band of 20 and 30 year old fund managers - who collectively have such a wonderul understanding of the world and how to value assets. Lets remember, what was the price they wanted to let Woodside go for - until that nasty Mr Costello stopped them. They were also pretty spot on with Telstra - really anticipated the direction that technology was taking telcos the world over.
Now these child guru's are the gurus on Hardman. No value for Uganda or Guyanne. No vaue for mauri gas - and a valuation that barely overs the cash and Ching cash flows.
hardman at $1.28 has to be a GGGRRREEEAAAATTTT buying opportunity.
BUY BUY BUY
(nb I am not ramping this stock - seek independent advice - rely on your boroker - your fund manager knows best - I believe in the tooth fairy - blah blah blah)
HDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
