I relistened to HY CC a couple of night ago
in last 4 years were oil average around 65 dollars USD , HZN generated about 200m AUD in cash flow .
today with March quarter cash the EV would be circa 150 m AUD and oil is over 100 USD . Unbelievable that people can’t see how cheap this is and they are selling at 12 c
had to top up again . I note this new field has a production licence until 2030 so any additional reserve additions will keep cash going for lot longer.
Quarterly will tell the story and production about to jump . Add to this the stepped change in production and one should be able to see huge value
Ann: HZN commencement of WZ12-8E drilling programme, page-17
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $300.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $114.2K | 607.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 2138586 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 136843 | 6 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| HZN (ASX) Chart |