Followers | 283 |
Posts | 1162 |
Boards Moderated | 0 |
Alias Born | 10/04/2020 |
Wednesday, July 19, 2023 9:25:57 PM
HNRC's public Float is only 33.7M according to the most current Quarterly Report which are the number of shares available for trading.
This is a very small Float therefore it's much easier for the share price to increase the more the stock is bought.
It's this low Float that makes a big run much easier!
The only question that remains is when HNRC changes names to Cunningham Energy, will the Share Structure remain the same "pre-Uplisting" to NASDAQ or NYSE which automatically means the share price will need to be at least $4/Share to qualify for the Up-Listing.
So it would be in the company's best interest to retire several Million Shares from the O/S to make it easier to reach a $4 Share price to pre-qualify for listing on a Major Exchange.
Recent HNRC News
- HOUSTON NATURAL RESOURCES CORP UPDATES SHAREHOLDERS • InvestorsHub NewsWire • 10/05/2023 11:14:08 AM
- Will Shares Pop on News of a 10% Acquisition of this Copper Miner? • AllPennyStocks.com • 08/14/2023 01:40:00 PM
- HNRC ACQUIRES 100% INTEREST IN CUNNINGHAM ENERGY LLC Increasing HNRC's Net Asset Value $3.35 Per Share • InvestorsHub NewsWire • 07/12/2023 11:17:53 AM
FEATURED Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM