HZR 2.63% 39.0¢ hazer group limited

Labor's $1b hydrogen plan zeros in on Qld, page-12

  1. 203 Posts.
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    Hey selfmade.. Its been a long journey but I exited my last remaining shares today... I have held since 2016. Bought at 46c, participated in the MIN raise, bought more in the 50s on the way down, more in the 30s around road show, and options on the back of the roadshow (didn't convert).

    Maybe I bought in too early, and while I initially thought the company had tech that was a potential game changer (and maybe still does) the more I learn the more I don't like.

    I wouldn't be surprised if Geoff signs an offtake eventually with arena funding that he's had in the pipeline for a while (he did recently buy a large number of shares/options). IMO this however would only further demonstrate the ethics at play behind the scenes.

    In the meantime 50-60c seems light years away, we are drifting lower, the company has absolved themselves of any responsibility for the MIN plant, and converted options + peacock will sell into any good announcements. Better opportunity elsewhere, maybe even soon in the blue chip sector
 
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