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
Guys I have confirmed that only a minimal amount of oil needs to...
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $283.2M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.5¢ | $65.65K | 367.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
43 | 2578537 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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18.0¢ | 6561291 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
43 | 2581704 | 0.175 |
53 | 1629458 | 0.170 |
24 | 999145 | 0.165 |
16 | 1366857 | 0.160 |
4 | 564000 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 6562132 | 15 |
0.185 | 2976602 | 32 |
0.190 | 793838 | 16 |
0.195 | 110000 | 2 |
0.200 | 695006 | 5 |
Last trade - 15.40pm 24/05/2024 (20 minute delay) ? |
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Last
18.0¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
18.0¢ | 18.0¢ | 17.5¢ | 358425 | ||
Last updated 15.59pm 24/05/2024 ? |
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