Any stock can be pumped and dumped theoretically - even WES or BHP or CBA.
Take a look at LYC.AX - it is a very strong company with exceptional revenue, cash holdings and future revenue streams. It currently trades in the $6.50 to $8.00 range and is regularly pumped to the $8 mark before being unceremonously sold off to around $6.25 - $6.40 range.
If intos have enough money, they can "pump" up and stock and then sell it for a profit.
Hazer is a growing company and therefore very suseptible to volatile trading. that's NOT a sign of a weak stock IMHO.
Any stock can be pumped and dumped theoretically - even WES or...
Add HZR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.29M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 37.0¢ | $33.14K | 88.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24854 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 4862 | 1 |
View Market Depth
| Last trade - 15.58pm 09/07/2024 (20 minute delay) ? |
| HZR (ASX) Chart |