36% yield likely, page-52

Tend to agree re being a little disappointed by 1.5c. I'm not actually sure 1.5 is meaningful enough to merit actually doing it? This may sound a bit casual of me but part of the reasoning behind these distributions is real SP impact. Personally I think it is more likely to be either zero or 3c. Zero now meaning 5c + later in the year.....and real impact.
Pre and post distributions, so far, it is clear the HZN is range bound from 12- 16c. This said every time they make a distribution investor/trader confidence should build and hence it might break out at some point, a little.
Trading 12 - 16c, and possibly circa 14 - 19c in the future can be very profitable taking into consideration time decay / time it takes for the SP to rise pre and fall vertically post.