Guys
I have confirmed that only a minimal amount of oil needs to be kept in Maari tanks ( around 25-50k gross ) which means only about 12.5 k of the existing end of March inventories. Assume production net to HZN of 100k the June lifting could have been as high as 155k
wlth oil slowly trending up ( now 115 Aud ) and minimal capex on the last half and big shareholders screaming out for the distributions I think a 3 c distribution is an increasing probability . Either way mid year dist on 14c SP is 17-21% . Add this to the robust demand story and challenged supply HZN presents a great opportunity for a continued yield play . Infact free cash flow given lack to capex is as robust as it’s ever been
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- 17% -21.5 % yield within 2 months
17% -21.5 % yield within 2 months
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $291.3M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.5¢ | $42.50K | 237.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 674849 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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18.0¢ | 838038 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 674849 | 0.175 |
45 | 1569343 | 0.170 |
32 | 1154898 | 0.165 |
17 | 1812745 | 0.160 |
9 | 734766 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 838038 | 9 |
0.185 | 3167865 | 40 |
0.190 | 530485 | 17 |
0.195 | 500000 | 3 |
0.200 | 365126 | 7 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
17.5¢ |
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Change
0.000 ( 2.78 %) |
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Open | High | Low | Volume | ||
18.0¢ | 18.0¢ | 17.5¢ | 221313 | ||
Last updated 15.56pm 16/05/2024 ? |
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