I agree with you Capman. Too much emphasis is placed on...

I agree with you Capman. Too much emphasis is placed on MacBank's warrants.
They are looking for a trading profit and will have a hedging policy in place if things do not go according to plan. But I think that the significance of 10 million warrants against the full issued capital of HDR is too small to worry about.
Don't get me wrong, I have no love of MacBank.
In my view they are greedy buggers. But I give them credit for the profits they make. They certainly know how to make them.

Hooter, Hardmano, I agree with you too.
Here we are waiting for an announcement or two that will clarify (further) the real value of our investments.
I'm beyond frustration. I've learnt to relax and let the market take control.
I can't bring myself to sell any HDR as I'm scared that the market will wake up one day and suddenly vlaue the stock properly, perhaps on the back of a takeover.
I watch the price fall and grind my teeth.
I watch the price rise and my blood pressure rises with it, in expectation of news.
I love the stock. I hate the stock. I love it more than I hate it.

Tiof
Pelican
Commerciality
in that order
come on down!

Merry Christmas to all sufferers.
T.