HZN 0.00% 19.0¢ horizon oil limited

Ann: Quarterly Activities Report, page-27

  1. 20,454 Posts.
    lightbulb Created with Sketch. 2015
    said it before and I will say it once more , SP valuation due to cash flow accumulation grows by about .6c per month , I used to use .7 but production and price will have come off over last quarter compared to one before , so when SP retreats 2.5c -3c over 2 months the valuation improvement relatively speaking is close to 3.7c. 4.2c I am not sure If people understand how I see it but HZN is creating value for every month that passes

    so shares i sold post divi at 16.5 ( 18c with divi) being bought back at 13.5-14 two months later is fantastic.
 
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