My general strategy with this stock is to buy it cheap and sell it at a profit.
I once held it for the long term but just lost money. In fact it was the only stock I lost on in FY14. In recent times I just buy it <30c and look to sell at ~32-33c and wait for the opportunity again.
I spent plenty of time valuing the stock about 2-3 years ago, but just found that the value realisation is incredibly difficult for this company. I see a theoretical valuation north of 45c/sh, but I don't how that will ever be realised in the market. So, I buy it cheap.
if I had retained my initial "hold for long" strategy, I would be seriously underwater on this stock..
I want to be proved wrong on the upside though, while holding of course!
PM m0ngy - he's generally pretty helpful and cheerful - buy him a few beers and he'll sort you out.
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $300.2M |
Open | High | Low | Value | Volume |
18.0¢ | 18.5¢ | 18.0¢ | $81.72K | 454.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 508906 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 823079 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 508906 | 0.180 |
14 | 1580115 | 0.175 |
37 | 1691447 | 0.170 |
26 | 1335526 | 0.165 |
41 | 1478570 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 823079 | 12 |
0.190 | 687010 | 10 |
0.195 | 399409 | 3 |
0.200 | 202000 | 2 |
0.210 | 47500 | 1 |
Last trade - 15.08pm 25/06/2024 (20 minute delay) ? |
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HZN (ASX) Chart |