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
51.0¢ |
Change
0.005(0.99%) |
Mkt cap ! $117.3M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 52.0¢ | 50.5¢ | $75.70K | 147.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9871 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 33425 | 2 |
View Market Depth
| Last trade - 15.41pm 21/05/2024 (20 minute delay) ? |
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Last
51.0¢ |
Change
0.005 ( 0.99 %) |
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| Open | High | Low | Volume | ||
| 51.0¢ | 52.0¢ | 50.0¢ | 59025 | ||
| Last updated 15.55pm 21/05/2024 ? | |||||
| HZR (ASX) Chart |