HDR hardman resources limited

what will happen over coming weeks?

  1. 16,265 Posts.
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    So many possibilities with Hardman this coming week and into December. Here's my list of issues, possibilities and mysteries:

    1) Why is it lagging the UK and will it catch up this week by moving into the 80s?
    2) Will insto's and other players rerate HDR on Tiof potential or wait for appraisal?
    3) Will there be the feared capital raising? Will it be a placement (most likely) and if so at what price? If so, has the bid at 70 cents for 2.0m been a prop to keep the price up? If there is a placement will HDR retrace to the placement price (likely) or simply adjust for the dilution? If there is to be a placement will the sp rally ahead of the annopuncement to ensure a better price average - and will this not be a good time to sell????
    4) Will HDR farm-out in blocks 1,2 and 7 and area A, as an alternative to or in addition to a capit6al raising?
    5) Will there be a takeover move by EWPL or another party? If someone else, will WPL respond?
    6) Will none of the above happen and HDR sp languish?

    Its going to be interesting.

    Good luck to all long-termers

    H


 
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