HZN 2.56% 19.0¢ horizon oil limited

Ann: Quarterly Activities Report, page-37

  1. 117 Posts.
    lightbulb Created with Sketch. 107
    Indeed, you are right.....as their FUM increased it diluted them naturally down below that 20 or even 25% position to i think around 9 or 10 now. But as you say i think they participated recently in the raising at $1.10.
    KAR is an interesting one. From my basic calcs they produce 3 X what HZN does (inc gas) and have a market cap of 4 X of HZN....i don't follow it but MQG have a target i believe of $5 on it.
 
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