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.
Indeed, you are right.....as their FUM increased it diluted them...
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Last
18.5¢ |
Change
0.010(5.71%) |
Mkt cap ! $300.2M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $611.4K | 3.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 90950 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 462009 | 8 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| HZN (ASX) Chart |