Auto,
Yes, you would imagine that they have to declare the next distribution when they announce the 2022 result late August at the latest.
What will it be?
- capital return. Maybe not due to risk of bein deemed an unfranked dividend by the ATO.
- unfranked dividend.
- Off Market Buyback at a price above market
- I am sure that the company have given this a lot of thought, so there may be something much better planned.
How Much and When is the burning question.
They will need to make a provision for Maari abandonment at some stage
Based on the current progress of the new NZ legislation/regulation, I suspect that this would be early 2023 at the earliest.
My best estimate is that they could distrubuteThese are doeable, but they may want to keep some powder dry.
- upto $0.045 at 2022 results in August if you include the usd$9.9m received early July
- upto $0.065 at the AGM (or another $0.02 if $0.045 distribbuted immediately)
I think that your numbers are low, and mine may be a bit high.
Either way, there should be significant cash flowing our way in the not too distant future..
- Forums
- ASX - By Stock
- HZN
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-11
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HZN (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $324.6M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 19.5¢ | $147.9K | 746.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 575845 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 560088 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 558095 | 0.195 |
25 | 2237276 | 0.190 |
6 | 326271 | 0.185 |
18 | 1044295 | 0.180 |
30 | 1183069 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 560088 | 3 |
0.205 | 2357514 | 14 |
0.210 | 1730901 | 15 |
0.215 | 217392 | 4 |
0.220 | 275050 | 3 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
HZN (ASX) Chart |