The news to move the share price doesn’t have to be from the company itself always. These days and until the foreseeable future anything related to climate change is under radar and market will react to it. Just wait for some bushfires (personally hope it won’t happen but we all know it will happen) happen when summer comes and see how price of ACCUs increase and how much support and attention comes to the companies like Hazer to save the life on planet. Hazer is not a normal industrial company to put some valuation on it based on it’s financial ratios, it’s the technology behind it which is revolutionary and given the current circumstances very essential. I personally believe that if Hazer can prove it’s technology to be able to turn methane to hydrogen successfully on a commercial scale , even governments around the globe will be willing to pay for it.
HZR Price at posting:
93.0¢ Sentiment: Buy Disclosure: Held
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