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
0.000(0.00%) |
Mkt cap ! $324.6M |
Open | High | Low | Value | Volume |
20.5¢ | 20.5¢ | 19.5¢ | $198.0K | 984.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 1112190 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 308447 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 1094440 | 0.195 |
21 | 1960108 | 0.190 |
11 | 763619 | 0.185 |
16 | 925520 | 0.180 |
29 | 1144068 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 308447 | 2 |
0.205 | 1462173 | 12 |
0.210 | 1264314 | 11 |
0.215 | 217392 | 4 |
0.220 | 275000 | 2 |
Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
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