HZN 2.50% 19.5¢ horizon oil limited

First time the comment further distributions under review made...

  1. 20,475 Posts.
    lightbulb Created with Sketch. 2023
    First time the comment further distributions under review made in quarterly. I think it’s relatively easy to work out an accurate range for distributions. They have been paying at 70% if free cash flow .
    assume 105 -110m AUD FY 23 . I think this will be 75% due to end of high capex period . This equates to 5c
    so I stick by my 1.5-2c Feb
    3-3.5 c Aug
 
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