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.
HZR Chart, page-2236
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Last
41.5¢ |
Change
-0.010(2.35%) |
Mkt cap ! $95.49M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 40.5¢ | $118.2K | 287.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 37055 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 23869 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
41.5¢ |
Change
-0.010 ( 2.31 %) |
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| Open | High | Low | Volume | ||
| 42.0¢ | 42.0¢ | 40.5¢ | 85126 | ||
| Last updated 15.58pm 14/06/2024 ? | |||||
| HZR (ASX) Chart |