HDR hardman resources limited

re: well design flaws Economist,I accept your blurb on the...

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    26/07/06
    13:40
    Post #: 1699823
    re: well design flaws Economist,

    I accept your blurb on the whinging bit. And yes, there's a fair bit of sentimental attachment around here to this particular stock, which isn't good for any investment, let alone in a volatile stock within the O&G sector. But...

    If you want exposure to Chinq, buy one of the other partnners' shares...

    With due respect, what do you based that statement on? By my last back-of-smoke-packet calculation (based on several research notes), Woodside is trading at about 25% above consensus fair value, ROC is trading at about 65% above its consensus fair value, while Hardman is trading at about 15% BELOW its fair value.

    618
    HDR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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