screwed and shafted, page-4

counter bid has to come Hi everyone,

As most HDR shareholders I feel totally let down by "our" board of directors.

They should be ashamed for what they have done and hopefully will pay for it, although I assume they will be well looked after by Tullow in the future.

But now the burning question is there going to be a counter bid.
I believe yes , we only have to look at the many posts on HDR, and everyone is saying it , we are far undervalued with this bid.

So we have time on our side and upside of drilling being Uganda or Mauritania in the meantime.
A renewed surge in the oil price will also help.

I could sell my holding at fair profit today but will hold as I believe that we have only seen the beginning of a very interesting play.

Hardly and downside but plenty upside in holding HDR under these circumstances.

Good luck to all

jojo