HZN
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7.50% 21.5¢ horizon oil limited

I can't see much downside from this deal. They are investing...

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  1. RNClarke
    1,448 Posts.
    lightbulb Created with Sketch. 866
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    19/02/24
    12:27
    Post #: 72482429
    I can't see much downside from this deal. They are investing alongside NZ Oil and Gas who are now the largest shareholder of Mereenie.

    Once everything comes online HZN could be producing 4,000-5,000 bbld until 2028.

    You can only judge a company by management's actions and so far they have prioritised distributions back to shareholders.

    CleanShot 2024-02-19 at 12.17.27@2x.png
    HZN Price at posting: 15.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
21.5¢ 		Change
0.015(7.50%) 		Mkt cap ! $349.4M
Open High Low Value Volume
21.0¢ 21.5¢ 20.5¢ $852.7K 4.032M

Buyers (Bids)

No. Vol. Price($)
6 273414 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 1407682 11
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
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