the big smackeroo, page-41

"ABN Amro...... downgraded the stock from "buy" to "hold" and slashed its target price to 55c. (current sp is 40 cents)

The assets HDF could sell are a 50 per cent stake in Britain's South East Water and its Epic Energy pipeline business, valued at about $800 million each." (The current market cap of HDF is $86 million)
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I think the Epic Energy pipeline alone should be putting this stock on people's radars . You guys will be well aware of the Coal Seam Methane boom in Eastern Australia and the plans for future LNG terminals at Gladstone . This pipeline is a crucial link in the project and HDF are likely to be earning a packet from that asset into the future .

HDF has been seriously oversold imo .