I think all bad news is already priced in. Can’t see any nasty surprises. We have had 4 years of bad news and horrible surprises. I think the latest one was Cannon production being delayed but the announcement of our other production commencing in Q4 should overide that bad news.
The bottom line is that the market doesn’t think management can deliver, after years of talking and no action. Like I said previously, management is the main problem with some issues from the wider market uncertainty.
Horrible share price movements but until some people in the board get a move along and replacements happen the red days will likely continue Imo.
HRZ Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
