Seems there's no company specific bad news (that we know of) driving it down. The recent raise was well supported by directors except for AP Ventures/Andrew Hinkly.
Latest reported holdings direct + indirect
GC 582,500 shares
TG 2,549,071
DL 910,597
JH 663,265
AP/Hinkly 10,445,901
With that exposure, at least they should be trying.
The latest round of the Hydrogen Head-start Funding was announced mid May and it only covers Electrolysis powered by 100% renewables.
I think that's a negative with regards to market sentiment towards Hazer in Australia, and the performance of our ASX listed shares.
Share-price was around 50c when that announcement came out and has been steadily dropping since despite multiple upbeat interviews with GC.
Seems there's no company specific bad news (that we know of)...
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34.5¢ |
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Mkt cap ! $79.38M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 35.0¢ | 33.5¢ | $46.13K | 135.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3985 | 33.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 61701 | 3 |
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