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
- Forums
- ASX - By Stock
- 17% -21.5 % yield within 2 months
Guys I have confirmed that only a minimal amount of oil needs to...
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HZN (ASX) to my watchlist
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $275.1M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.8¢ | $149.6K | 880.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 2040441 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 256909 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 2036441 | 0.165 |
47 | 2450466 | 0.160 |
8 | 662648 | 0.155 |
23 | 2040270 | 0.150 |
6 | 495213 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 256909 | 1 |
0.175 | 1838359 | 10 |
0.180 | 1026173 | 16 |
0.185 | 872473 | 12 |
0.190 | 498699 | 8 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
17.0¢ |
  |
Change
0.000 ( 0.12 %) |
|||
Open | High | Low | Volume | ||
17.0¢ | 17.0¢ | 16.8¢ | 317523 | ||
Last updated 15.51pm 14/06/2024 ? |
Featured News
HZN (ASX) Chart |