It is a hugely overvalued stock that produces no money. Hydrogen energy production is extremely difficult to achieve; subsequently Hazer won’t be profitable for a very long time. people will keep taking profits and the SP will continue to fall as the current hype for renewables dies down. It’s SP will only improve with ANN like contracts with companies like Ampol, however I can’t see this happening in the short term.
Ann: FIRB APPROVAL & APPOINTMENT OF ANDREW HINKLY TO BOARD, page-6
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Last
34.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $79.38M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 35.0¢ | 34.0¢ | $24.14K | 69.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23798 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 11908 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| HZR (ASX) Chart |