HZR 2.63% 39.0¢ hazer group limited

Labor's $1b hydrogen plan zeros in on Qld, page-46

  1. 1,845 Posts.
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    I don't think the tech fundamentals have changed much still potentially positive.
    Markets have picked up and money to made else where plain and simple, since taking my cash off the table in Hazer I have doubled my returns...
    Main reason was because of lack of news & not sticking to timelines and other factors I have vented.

    I think the company got out played by MIN looking back as the royalty disclosure will never come to fruition until full commercialisation because if it were to be released IMO the stock will plummet even further...

    So only saving grace is them going solo, and doing a partnership and funding with GLP, I worked this out 2-3 months ago and posted about it...

    This is what will happen IMO, just who will be offtake partners...

    Price in meantime could hit low 20's soon and if it drops into the teens I'll put a small amount of skin back in the game as I have come to realise until there is a offtake for the demo plant there is way too much risk.

    Disclosure I have bought in the 60's sold in 20's and 30's, bought numerous of oppies as leverage and got burnt. Was a hard but a good lesson. Lost faith in MGMT for A while and was a relief to get out and take a breather...

    Tech probably was 3 years premature before listing on ASX IPO holders and seed investors made the cash and took profits, unwiser got burnt...

    Best of luck to holders.
 
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