Sovereign risk for companies is a very difficult challenge. I can only think of the struggles that Oilsearch and Highlands have had in PNG to highlight the risks involved with investing. Hardman, Oilsearch and Highlands all have spectacular assets but will all trade at steep discounts due to them having their assets in risky places in the world.
If Mauritania stays unstable then Hardman may come under continuing pressure.
great short
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Last
$6.23 |
Change
0.005(0.08%) |
Mkt cap ! $10.15B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.27 | $6.22 | $3.581M | 573.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 33035 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.23 | 13257 | 12 |
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| Last trade - 11.16am 12/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |