10 cents or 20 cents come the announcement? I found trying to read the tea leaves through buying and selling depths quite confusing. If the deal was going ahead, it seems logical that there would have been a lot of buying into HRZ, but towards the end of the week buying depth fell away markedly. It was only a handful of trades which stopped us dropping to 13 cents. On this basis I would imagine the deal not going ahead for HRZ.
However, if the deal was not going ahead for HRZ, this would indicate that FML was taking a better offer. On this basis buying into and the sp for FML should have risen strongly, it dropped. Confusing.
The best scenario I can imagine to fit this pattern is that there was a better offer but it was only slightly better and we have again matched it. Disappointment for FML, that they did not receive a much better offer, and disappointment for us, that we are again paying more.
Clutching at straws? Probably. As DF says ‘we wait’. But not much longer.
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Last
4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $45.86M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.0¢ | $39.16K | 953.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 62887 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 43410 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 62887 | 0.041 |
3 | 259314 | 0.040 |
4 | 526063 | 0.039 |
7 | 494000 | 0.038 |
6 | 355477 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 43410 | 1 |
0.045 | 233410 | 3 |
0.046 | 108134 | 1 |
0.047 | 419147 | 2 |
0.048 | 200202 | 2 |
Last trade - 15.45pm 04/09/2024 (20 minute delay) ? |
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HRZ (ASX) Chart |