zmemed,
The larger than normal volume today was because the company sold more than 2 million shares on behalf of over 1000 shareholders with very small holdings.
This is good for those shareholders who don't have to pay brokerage and good for the rest of us because it reduces the no. of shareholders to about 3500, thus reducing management expenses somewhat.
The company said the shares were sold to a handful of purchasers who support HZN's new policies and practices.
Perhaps this will underpin the share price leading up to the China drilling?
zmemed, The larger than normal volume today was because the...
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $300.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.8¢ | 18.0¢ | $424.2K | 2.293M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5858 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 397 | 1 |
View Market Depth
| Last trade - 15.59pm 13/11/2024 (20 minute delay) ? |
| HZN (ASX) Chart |