Hyperdynamics Corp (HDYNQ)

[whitenoize]

Hope you didn't misunderstand my comments as being negative toward the prospects for a successful discovery.
My problem is the interim. In order to realize my investment in this company, it has to be a viable entity still when that discovery is made and production begins 5-7 years from now. That requires solid decisions by mngmt. They are doing well on the business side and poorly on the corporate side IMHO.
I disagree with the handling of the delisting issue. My contention is that, with the company fundamentals and prosects being sound, whatever decision they make could be a sort of "sell on the rumor buy on the news" type of event. If they would remove the uncertainty which is hanging over the company then we could all plan accordingly.
It only makes sense, after what I've heard, to plan for another medium term dip. As a result I want to decrease my holdings in anticipation of increasing them at a lower price later. And I DO plan on increasing my holdings. I'm just not intersted in buying a $100 Tickle me Elmo at Christmas when they will sell for $25 in the spring.
Hope this clarifies.