Well I won't be topping up as i've loaded up between 4 cent and 13 cents so am already grossly overweight in HZN. It's hard to be patient waiting for more strength to come into the SP. With debt about to be reduced by around $10mil per quarter, the MC should also be slowly increasing by the same amount throughout the reporting periods.
As debt is reduced and the PNG assets moved closer to being developed, I feel HZN is going to be a very attractive TO target (if not already on someone's radar). Hence my impatience for the SP to strengthen before such a scenario eventuates.
It sure looks at though the same Insto is buying again. Once the 16 cent barrier is broken down the 20 cent mark won't be too far away.
Well I won't be topping up as i've loaded up between 4 cent and...
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $292.1M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 17.5¢ | $218.3K | 1.216M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 861384 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 130646 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| HZN (ASX) Chart |