Gday no-ball. I reckon hdr are set for a big run and there has been a bit of watching on the sidelines, especially after the taya affair and even if they announce they smelt oil at Sotto, hdr will go boom.
Looks like some "smart" buy orders had to be filled on ROC today ahead of Sotto news tomorrow(?). ROCs got a low liquidity relative to HDR and any orders that had to be filled would drive ROC pretty hard post announcement so they got them on the quiet today.
Bring on tomorrow.
HDR
hardman resources limited
what happens when oil drops, page-15
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