HZN 5.13% 18.5¢ horizon oil limited

36% yield likely, page-54

  1. 20,510 Posts.
    lightbulb Created with Sketch. 2043
    the range bound comment is true but with W12 8E now derisked and outperforming the higher cash levels will result in a higher range. I imagine by the time divi is paid it won’t drop below 14c as cash will remain at 40m AUD and building post pay out.
 
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