t/o by wpl?, page-4

Davfitz

One of my suggestions this morning was a possible placement to WPL - at $1.30 (when it was $1.27). Now that HDR is at $1.33 I would have to agree that Sailorgirl's suggested $1.50ish looks likely. It would be a reasonably move for WPL to take more equity in HDR (allowing HDR to retain its increased equity in the project) and if it is at a premium to the market that would be an excellent result.

We will see (I hope) otherwise if nothing is announced expect a sell down.

H