to be honest i think the market is still upset about being burned by AED oil... hence investors seem to be pretty wary of any new junior oil startups at this stage... i think until the maari field is ready to go and barrels per day are confirmed, the share price wont get a great deal of traction...
the market is also yet to factor in the potential of PNG... they are probably waiting for a bit more detail before putting much value on the project... once a bit more info is released on this we should see a fair bit of SP movement...
whats happening, page-8
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $153.0K | 776.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 844102 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 338790 | 10 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |