HC really is a home for fantasy. Taking occam's razor to the...

HC really is a home for fantasy. Taking occam's razor to the problem, the simplest answer is that HDR has been massively oversold and what we have seen is a correction of this condition. The febrile nature of the market in general and HDR watchers in particular leads them to see a takeover in every unexplained movement of the share price. This of course fuels speculation and leads us into a positive feedback cycle. It's happened time and time again with HDR but the punters never learn.

Of course, I'm not saying we might not see good results from Flamant later this week but as others have observed there's no evidence for that from the share price of co-venturers.