re: basis for market valuation The management of HDR needs to be pro-active to recover market confidence in the valuation of HDR. One method may to sell down it share in the initial development from 19 to 10%. This could be to:
a. the existing partners
b. Sterling
c. Open tender
This would confirm to the market what the future valuation for TIOF, Tevet, should be.
As an example, NXS have provided a share price effect if Longtom is successful and commercial.
The company needs to do something to make the market comfortable with HDR before TIOF project funding becomes an issue.
HDR
hardman resources limited
re: basis for market valuation The management of HDR needs to be...
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