HDR hardman resources limited

HDR Sells part of ARQ shareholding, page-6

  1. 2,043 Posts.
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    G'day Towie.

    As stated in the announcement, HDR is still a supporter of ARQ and the reason given for the sale is:

    "The partial sale of the ARC shareholding is in line with the Company's financial management strategy and has enabled Hardman to show a profit in the current year from this investment. Hardman remains a supporter of ARC and commends the ARC board and management on their successes and achievements during this period."

    I don't think ARQ holders have much to worry about where HDR's sale is concerned.

    Good Luck
 
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