HDX 0.00% $2.80 hughes drilling limited

The only thing that is keeping me half positive is that all of...

  1. 49 Posts.
    The only thing that is keeping me half positive is that all of the big transactions over the last couple of months have been at higher prices than now. Whoever bought in at such large volumes must have long term faith in the company. I like this long term also and a short term shock to the price might just be a good buying op. I am also thinking that a lot of other mining services have already released profit downgrades and if HDX was in a similar position they SHOULD have also done this. The fact we have heard nothing has me hoping that the guidance provided in the JSW overview presentation is still relevant. Chart and buy / sell tells a different story though.
 
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Currently unlisted public company.

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