Hi Gustie,
i note you were posting over at TAP a while ago - while they had a similar overhang.
The price was stuck around 50 cents bottoming at 48 cents then quite steadily went to 62 cents.
That is an increase of 30% after the overhang was eventually sold.
I think TAP may have gone higher but cash concerns and sale of gas assets are still issues there.
With that said the situation at HZN looks like there could be an even bigger kick after the overhang is gone - with the new discovery and the gas deal as well as NZ coming back on line around mid/end December.
I may try and pick up some more at the end of the overhang sale..
Vx.
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11 | 186398 | 0.175 |
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Price($) | Vol. | No. |
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