hi stlmac,
I think that you understood, but just in case I wasn't clear, the usd$550m PNG valuation is total PRL4 and PRL21, so if they sell 50% they will get usd$225 (tax free). I don't think the 25% PPL259 interest is for sale. My reference to "at least usd$0.52 share price" is in relation to the strike price of the convertible bonds.
HZN also flagged payment of dividends going forward if partial asset sale proceeds. I wouldn't be surprised if they give some guidance on timing when/if PNG asset sale happens. It could be as early as for the June 2013 half.
A dividend (unfranked) would also put HZN on more institutional investors and retail investors radar.
- Forums
- ASX - By Stock
- HZN
- pressures
pressures, page-20
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HZN (ASX) to my watchlist
|
|||||
Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $316.4M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 19.0¢ | $34.82K | 179.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 787943 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 779309 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 789436 | 0.190 |
35 | 1394103 | 0.185 |
28 | 2152156 | 0.180 |
12 | 231398 | 0.175 |
15 | 350503 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 104858 | 2 |
0.195 | 504572 | 6 |
0.200 | 2034788 | 19 |
0.205 | 1613298 | 17 |
0.210 | 592048 | 6 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
HZN (ASX) Chart |