ASX 0.47% $82.89 asx limited

HDR- Whats really going on?

  1. 8,880 Posts.

    A number of people on Hot Copper have rationalized that a London newspaper article was responsible for the large volumes and volatile price in recent days, surely this can't be the reason, something is in the wind.

    The early release of the Rig is feasible, however this was three days ago and as yet no articles on the rig anywhere. Seems a likely reason.

    Funds getting back into HDR after realising profits pre 30th June, also feasible, but would this cause such a rush?

    USA discussions about reliance on Saudi Arabia? was Mauritania mentioned? Perhaps, the timing was right.

    Also Shell is hungry lately.

    All questionable theories I know, but worthy of discussion, does anyone else have an opinion

watchlist Created with Sketch. Add ASX (ASX) to my watchlist
(20min delay)
Mkt cap ! $15.97B
Open High Low Value Volume
$82.68 $83.12 $82.00 $2.988M 36.20K

Buyers (Bids)

No. Vol. Price($)
1 8 $82.90

Sellers (Offers)

Price($) Vol. No.
$82.93 2 1
View Market Depth
Last trade - 11.47am 25/05/2022 (20 minute delay) ?
0.390 ( 0.15 %)
Open High Low Volume
$82.70 $83.04 $82.02 3057
Last updated 12.06pm 25/05/2022 (live) ?
ASX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.