I agree h $2.33 looks like short term support I thought it would fall to $2.25 ? kinda glad it didnt .
Comments from Citibank are in line with our thoughts.
WPL (-0.9%) - Sotto 1 was a dry well. This is the first of the three further away wells to be drilled in Mauritania this year. It was a fairly low chance of success but in the shallower water, so if it had come up trumps, it would have been a positive. The later wells to be dug are closer to the known commercial fields but are deeper. They have a higher likelihood of success. Three early dry spots might prove a fantastic opportunity as WPL came back over 50c on the news yesterday. The other players, HDR and ROC also suffered. OSH (-1.6%) - Stock fell immediately on the result. All the 53% lift due to the increased oil price. Not enough on PNG timing apart from potentially getting Santos back involved. A case of great result but already in price and the “shoot the lights out” factor not there. We saw a lot of profit-taking in the OSHWOE 3.00 Oct 05 soon after the result came out
- Forums
- ASX - By Stock
- HDR
- support at $2.33??
HDR
hardman resources limited
support at $2.33?? , page-2
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online