Hazer have been trading above the 50dma the past week, something which hadn't occurred since January. Same goes for 100dma.
Hazer has been trending down since March 2017, when there was some delays with the PPPv1 commissioning.
Fundamentally, Hazer is a lot stronger now that we have a real Pilot Plant, and this is reflected in the chart.
Now that we appear to have broken the down trend, any good news that comes could put a rocket on the SP. Could move to the 200dma currently at 38c fairly quickly IMO.
Hard to see much downside at the moment, especially with a 25m market cap.
Lets hope good news coming soon.
Hazer have been trading above the 50dma the past week, something...
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Last
47.5¢ |
Change
-0.005(1.04%) |
Mkt cap ! $109.3M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 47.5¢ | $38.73K | 80.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17979 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 29818 | 2 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
47.5¢ |
Change
-0.005 ( 1.04 %) |
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| Open | High | Low | Volume | ||
| 48.0¢ | 48.5¢ | 47.5¢ | 10872 | ||
| Last updated 15.56pm 29/05/2024 ? | |||||
| HZR (ASX) Chart |