yes - bigger distributions are possible but I expect 2c now and 2c in Feb . Gives them time to see flow rates on 8E although all indications are these fields are producing as expected.
they have enough for 3c but probably 4 by August but they would be silly not to keep a float of say 15-20 m AUD
unfranked dividends are fine. In the end franked dividends are
ultimately paid out after tax paid so less is Distributed . I have 65% if my holdings in SMSF so unfranked is no big deal
next 12 months assuming a similar AUD oil price cash flow of circa 7.5-8c possible . Amazing considering current cash if 4c per share and 13.5 c SP
Ann: Quarterly Activities Report, page-13
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $308.3M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 19.0¢ | $111.5K | 576.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 313240 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 860640 | 7 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| HZN (ASX) Chart |