re: abitrage math hooter Hi Pacey,
re your comment:
"Sorry, but this is fantasy on your part. Why would anyone hold onto their shares for a few months so they can sell for 2.02 when they can get 2.06 on market today. Virtually everyone who is still holding HDR shares at the end will be taking their full allocation of Tullow shares, because if they don't want to be left holding Tullow shares, their next best option is to sell on market to an arbitrager who will take up the Tullow allocation."
I do not agree with you that if they hold at 2.06, it means they are after TLW shares. A lot of investors gamble on the fact that "the first bid is very rarely the last" and this can come right at the last minute, like days before when we have to vote for th SOS.
Well today is announcement day again. Lets have our fingers and toes crossed.
HDR
hardman resources limited
