towkay,
yes a bit perplexing. It does show a lack of retail interest in the company...which I can't explain given the positive public information available??
I can only think that it is a function of small holdings, weak hands, lack of news and very low volume that is slowly driving the price down, or there could be something more fundamental at play, but again given what we know that seems unlikely...
Based on the volume of trades clearly no one with big holdings is making any moves here at the moment.
this might be a good buying opportunity...but I think will stick with what I have at the moment until next quarterly report to see that they are still on track
I mean if CNQ can get $15m loan from Mitsubishi towards processing of for their low grade stockpile in QLD then HAZ should be going well...
I think it is all still ok but yes, quite a bit of a fall in SP these last few weeks
HAZ Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held