HZN 9.76% 18.5¢ horizon oil limited

Ann: Announcement of Share Capital Reduction, page-15

  1. 20,409 Posts.
    lightbulb Created with Sketch. 1991
    why i think this will be beginning of rerating is this shows clearly that the major shareholders want to see the cashflow in their pocket over the medium term . Continued capital returns also decreases the risk as one progressively takes capital off the table
 
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