HZN 2.56% 19.0¢ horizon oil limited

Capital Management - will we get an update in the Mar 22 Quarterly, page-4

  1. 1,456 Posts.
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    Off Market BB
    It may be possible to have 2 BB options
    a) one with a NZ franked dividend at a lower price, say 10% to 15% less, but higher with the franking credit
    b) the other with all capital at a higher price.

    1. HZN cash cost lower
    2. NZ residents get a better deal (including franking credits) = higher acceptance (buy on marlet)
    3. AU/Other get more cash than NZ residents

    Win-Win? As I said before, I don't know if this is practical.
 
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