There was one big buyer yesterday. Citigroup bought net 2.4 million for clients.
The quarterly is not telling us much that we didn't know. There are probably as many people getting out before the drilling as getting in at this late stage.
My feeling is that publicity is drawing in new buyers, instos are buying a 'new' ASX 100 stock and traders are in buying mode not selling. Oil price is high, the JV know better what to expect now and H hits 50! And away we go!
HDR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
