since the crash HZN has recovered reasonably well from ~24cps to 34/35cps. Volumes have been decent since directors buying with the stock trending upwards. Short term gains maybe?. First quarter 2008 was really disappointing. In the mid term we can expect the stock to be re-rated (see annual report) as Maari well comes into production; followed by drilling of Manaia prospect. 9 wells planned for drilling in Thailand around Sept-Nov. Exploration drilling of Stanley prospect in PNG is expected before that around May/June. (See their website and previous announcements etc. for details)
mid to long term
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $275.1M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 17.0¢ | $14.47K | 83.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 305615 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 823360 | 12 |
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| Last trade - 10.27am 05/06/2024 (20 minute delay) ? |
| HZN (ASX) Chart |