mauritanian minnow in play, page-3

I know I'm answering myself but it occured to me that the Woodside holding is now the worst thing that could have happened to the Hardman share price.

It has enabled Ted and co to feel safe whilst issuing far too many shares to outsiders knowing that Hardman has a poison pill in place against takeovers. Woodside know that they can move on HDR at their convenience or not at all.

The loyal shareholders need a take over offer to force a fair value for their shares but it won't happen with WPL holding a blocking stake.

The share price will just languish and eventually Hardman will become easy pickings.

I have been a long time supporter of HDR having taken a position some four years back, but I'm loosing interest. There are better deals.

Regards M.