Zorgamoth, I agree with stevebiscuit. In early 2012, HZN jumped 50%, then slid back somewhat (as did other oilers) and levelled for several months before jumping again.
This time, HZN has been staying level (except that strange low volume dip Friday). This is likely because of expected good news on Beibu production start-up and sell down of PNG.
Of course, past trends don't always predict the future, but there is some logic here as well.
chart holding nicely for now, page-10
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $153.3K | 766.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1878081 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 887711 | 19 |
View Market Depth
| Last trade - 15.05pm 10/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |