re: sold us out- wait and see!
Because this was unexpected, I strongly believe their own plans changed quickly, maybe a fast tracking of one of the prospects. Also,if all take up the entitlement then our percentage share in the company remains the same and HDR have extra $72m in bank which also makes them a harder take over target. If you bought recently(like me) you would be annoyed but you will make it back again in the not to distant future. I am prepared to give them the benefit of the doubt and see if we will find shortly what prompted them to act in this manner.
HDR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held