Hyperdynamics Corp (HDYNQ)

[casperboo]

Speculation about reverse split consequences:

IMO, it is likely that regardless of the reverse split ratio, be it 10:1 or 20:1, the HDY pps will take a 30% decline in price after the split has happened.

For instance, if there is a 20:1 reverse split, the pps would immediately go to around $7.00 per share based on today's close. I do not believe the pps would go below 4.90 after the split - and at a 30% further discount from the disgusting, pathetic pps we are now seeing, I will be buying more.

I don't understand how this stock keeps trending ever lower.