HZN 0.00% 19.0¢ horizon oil limited

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  1. 10,075 Posts.
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    Yes I agree it's mainly one seller and a few followers who had stop losses or panicked. I tried to find out from the Company Secretary who is selling and was told they didn't know. Since they would almost certainly know it may be a large holder and they don't want to panic other holders to follow suit. Funds have a strict policy on risk management and they sell off a % when risk rises. Now risk has increased, it's very low in my opinion but it has increased. There is the PDL 10 issue and the POO. So it's likely a fund had to sell down to reduce their exposure to risk even though it's low risk.
 
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Mkt cap ! $308.8M
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19.0¢ 19.0¢ 18.5¢ $122.2K 653.9K

Buyers (Bids)

No. Vol. Price($)
35 1745035 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 1539740 13
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Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
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