I remember some weeks ago watching a interview with Brent (CEO). The interview was taken during the Signapore conference around the end of January and during the interview Brent stated they were also taking the opportunity to meet with IMC while in Asia.
Since then IMC has started to increase their stake in the company, from 319,695,688 (or 24.57%) to 366,495,688 (or 28%) within two months.
I can only assume from this that IMC were satisfied with the meeting, are comfortable with the liquidity position and have therefore decided this is a great buying opportunity.
DYOR
Ann: Change in substantial holding, page-5
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $308.8M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $150.7K | 800.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 1116530 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 358012 | 7 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| HZN (ASX) Chart |