HDR hardman resources limited

subtle rise from oversold?

  1. 15,918 Posts.
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    HDR has gradually moved back up from its low of 39 ish a few weeks back at the depth of the war related sell off. My take would be that it fell because there were simply no buyers and everyone who might have been interested as it fell thru 50 cents towards 40 cents thought it (and the whole market) may well go significantly lower. Now that the market has stablised, HDR is creeping up as buyers (like myself) get in before the opportunity is gone.

    Not to say that if something horrendous happens in Iraq or elsewhere that the market and HDR won't take out recent lows. Let's hope not!

    H
 
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