HZN 0.00% 19.0¢ horizon oil limited

Ann: Announcement of Share Capital Reduction, page-5

  1. 1,493 Posts.
    lightbulb Created with Sketch. 558
    That's a large capital return, didn't expect this, I more thought dividend and maybe a small special thrown in...

    This represents a 13% return on current SP, plus a potential 0.5c dividend is a 15-20% return on the current share price... Be interesting to see how it will trade today.

    ** in no way am I complaining, 100% return in 6mnths
    Last edited by hilly_sandman: 28/06/21
 
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