In addition to Goldman Sachs raising its Q3/21 Brent oil price forecast to US75/bbl (from US$65/bbl), there are more bullish oil price calls here:
Compare these to MST Access' base case oil price forecast used in its latest financial modeling for HZN (see Post #: 50881186):
Valuation: MST's "base case fully diluted valuation for HZN is A$0.14 per share (US$0.11 at an AUDUSD exchange rate of 0.78), based on a forecast Brent oil price of US$65/bbl by FY26 and a 10% discount rate."
DYOR
Ann: Commence production from infill wells in Beibu Gulf, China, page-14
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $300.6M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.3¢ | 18.5¢ | $278.0K | 1.469M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 1711879 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 642783 | 5 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| HZN (ASX) Chart |