Surely there has to be a turning point here for HZN. Oil has just hit over $50 a barrel. The last quarter HZN averaged $46 a barrel when it dropped to its lowest point at $26. Obviously due to hedging at $90 a barrel which will run out in July or so. But they were turning a profit at $46, people said the price has dropped because Commonwealth bank were dumping, they couldn't pay their bonds, & oil was dropping. Commonwealth have finished their sale, the bond repayments have been sorted and analysts predict higher oil prices towards the end of the year. I think at some stage over the next 6months there must be a turning point for HZN. Price is down but volume is relatively low. I think there is a gap to be filled from when oil prices started rising. INMHO and all that
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $316.9M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 20.0¢ | $190.5K | 952.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 140335 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 1251017 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50 | 0.220 |
2 | 80000 | 0.205 |
9 | 105382 | 0.200 |
26 | 1756284 | 0.195 |
37 | 1821266 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 50000 | 1 |
0.200 | 882788 | 11 |
0.205 | 1244178 | 17 |
0.210 | 1295930 | 10 |
0.215 | 1368168 | 5 |
Last trade - 10.06am 02/10/2024 (20 minute delay) ? |
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