Indeed, you are right.....as their FUM increased it diluted them naturally down below that 20 or even 25% position to i think around 9 or 10 now. But as you say i think they participated recently in the raising at $1.10.
KAR is an interesting one. From my basic calcs they produce 3 X what HZN does (inc gas) and have a market cap of 4 X of HZN....i don't follow it but MQG have a target i believe of $5 on it.
Ann: Quarterly Activities Report, page-37
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $147.9K | 746.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 575845 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 560088 | 3 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |