HZN 2.50% 19.5¢ horizon oil limited

I relistened to HY CC a couple of night ago in last 4 years were...

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  1. 20,476 Posts.
    lightbulb Created with Sketch. 2023
    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
 
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Last
19.5¢
Change
-0.005(2.50%)
Mkt cap ! $316.9M
Open High Low Value Volume
20.0¢ 20.0¢ 19.5¢ $360.0K 1.804M

Buyers (Bids)

No. Vol. Price($)
22 1708692 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 1031818 11
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Last trade - 16.10pm 01/10/2024 (20 minute delay) ?
HZN (ASX) Chart
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