HZN 0.00% 17.5¢ horizon oil limited

Ann: PRLs 4 and 21 Talisman Mitsubishi transactio, page-6

  1. 392 Posts.
    lightbulb Created with Sketch. 1
    re: Ann: PRLs 4 and 21 Talisman Mitsubishi tr... Dont forget that the price paid by Misubishi is not the long term value of these assets. They obviously saw compelling value at this price as a longer term investment.

    When we get closer to reality of the gas aggregation strategy these assets will be worth significantly more. Having somebody with the credibility of Mitsubishi will help momentum toward gas production and sales of the gas.

    Condensate stripping is a nearer term revenue option for us.

    Beibu, Maari and cash holdings significantly add to HZN value as well.

    Very comfortable with my holding in HZN around current prices.
 
watchlist Created with Sketch. Add HZN (ASX) to my watchlist
(20min delay)
Last
17.5¢
Change
0.000(0.00%)
Mkt cap ! $284.0M
Open High Low Value Volume
17.0¢ 18.0¢ 17.0¢ $308.4K 1.761M

Buyers (Bids)

No. Vol. Price($)
2 235443 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 1080348 16
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
HZN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.