In hindsight, we can see that CDP startup was a sell the news event.
The market likes catalysts and its interesting to note that HZR sp tagged 70c a few times in anticipation of CDP startup, whereas now with it actually running we're back at 46c.
The next expected catalyst is Fortis FID year end/ 2025 which is a bit far away to boost the sp now.
Progress on current and/or new partnerships is probably going to happen imo, but no guarantees as to when.
I think thats what determined the timing of the last cash raise.
In hindsight, we can see that CDP startup was a sell the news...
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Last
36.0¢ |
Change
-0.015(4.00%) |
Mkt cap ! $82.84M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 35.0¢ | $96.19K | 262.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 113865 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| HZR (ASX) Chart |