GREY:HRTPF - Post by User
Comment by
powerwalkeron Jun 29, 2013 4:37pm
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Post# 21581534
RE: Peter O'Brien
RE: Peter O'BrienPlease understand the context and point of this discourse, Mr. Robnhood.
It has been claimed repeatedly that the hedgies have bought into an under-valued HRT in the $1 range, give or take some pennies, and are now running the show after the AGM fiasco. [These are not the same funds that swallowed Mello's pre-IPO schpiel; they lost the billion.]
My point is that the hedgies' interests are aligned with current s/holders, i.e., to make BEEEEG money, after which they make the pitch to new clients. This is based on oil in Namibia in quantities equal to 10-11 digits.
Unstated, but sublimally known to all, is that if there were no oil in the HRT's leases in Namibia, everyone will be happy with anything above $3 regardless of the productivity of the other assets ... and we all be thankful to the hedgies for that result.