At these revenue rates over a year period, they will have revenue of $232aud million pa (based on $58aud million/quarter), which is what there market cap is at the current share prices.
With anticipated more production wells coming on, IMO this quarterly revenue will substantially increase in the coming quarters when the WZ6-12 drilling/workover program is completed and a Phase 2 development well at a WZ12-8E start producing.
Ann: Quarterly Activities Report, page-8
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $316.9M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.0¢ | $407.2K | 2.089M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 2356142 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 739480 | 7 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| HZN (ASX) Chart |