HZN 0.00% 17.5¢ horizon oil limited

100% divested from this train wreck.

  1. 5,603 Posts.
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    I should have sold out a few weeks ago when the share price peaked. Instead I sold out today @ $0125.

    It's Christmas. I've been running around trying to get more bush fire ready and generally cleaning up and today I decided that I need to do the same with my HZN shares and just get rid of the steaming pile of shit that they are. No more hydrocarbons in the SMSF!

    The management of this company year after year handsomely reward themselves for doing absolutely nothing other than hedging a bit of the the production entitlement.

    With regard to PNG, it is probably too late now. The train has probably left in terms of getting into the next investment cycle in LNG.

    Good luck to all. I am sure there are a few bucks to be made here for traders but the future for this company is too uncertain and the management can only be trusted to enrich themselves at shareholder expense in my opinion.

    This is a good day for me - taking out the garbage and cleaning up before Christmas. This stock has been a psychological albatross around my neck for years. I bought way too high and never cut my losses. A good lesson learnt in how not to invest in the stock market.

    If people want to ride the PNG investment cycle perhaps take a look at SST.
 
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Last
17.5¢
Change
0.000(0.00%)
Mkt cap ! $283.2M
Open High Low Value Volume
18.0¢ 18.0¢ 17.5¢ $93.57K 530.5K

Buyers (Bids)

No. Vol. Price($)
7 274779 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 878685 24
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
17.5¢
  Change
0.000 ( 1.24 %)
Open High Low Volume
17.5¢ 17.8¢ 17.5¢ 440835
Last updated 15.59pm 03/05/2024 ?
HZN (ASX) Chart
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