HDR hardman resources limited

Not good odds

  1. 479 Posts.
    Odds of success say, 25% .........

    If successful the shares will probably settle @ $1.00 - $1.10 depending on how much success is already factored in.

    If unsuccessful, that'll be 2 dusters in a row and one could argue that HDR will drop to the 30c - 40c range.

    So you have a better than 3 in 4 chance of losing 50% of your money, but a 1 in 4 chance of gaining say 30%.

    Not good odds.

watchlist Created with Sketch. Add HDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.