HDR hardman resources limited

counter bid has to come Hi everyone,As most HDR shareholders I...

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    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
 
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