HZN 2.50% 19.5¢ horizon oil limited

Ann: HZN Presentation to Good Oil Conference 2021, page-5

  1. 1,482 Posts.
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    Likely because no forward guidance was given in the FY report or accounts... In this document that have stated;
    - USD$25-35M FCF forecast
    - Capital returns "if prudent to do so"

    Which is a significant change in tune from the nothing provided previously... HZN are churning out cash, keep in mind that the FCF of USD$25-35M is after the USD$16M investment in 12-8. Keep in mind that A3.0c per share is USD$35M, so IMO they are flagging a likely 1-2c capital return this year. A good hold.
 
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Last
19.5¢
Change
-0.005(2.50%)
Mkt cap ! $316.4M
Open High Low Value Volume
20.0¢ 20.3¢ 19.5¢ $164.9K 829.8K

Buyers (Bids)

No. Vol. Price($)
13 1746246 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 175041 6
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