Normally I'd call that sort of comment ramping, but when you look at Hazer's market cap at 50c it's still miniscule. At 75c it would still be miniscule so I definitely agree. Hazer's share price can rise significantly from here and it would still be cheap.
How many other companies are there out there who are developing new technologies and have market caps in the hundreds of millions. Compared with Hazer with only 97 million shares on issue (currently $48m market cap). So I think even $1 doesn't seem unreasonable once Hazer becomes more widely known.
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Last
33.0¢ |
Change
0.030(10.0%) |
Mkt cap ! $75.93M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 34.0¢ | 31.0¢ | $184.8K | 571.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43000 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 72474 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| HZR (ASX) Chart |