HZN 2.63% 18.5¢ horizon oil limited

Consider Voting NO

  1. 607 Posts.
    lightbulb Created with Sketch. 27
    Halving management salaries and buying back hzn shares could return 54,000,000 shares to holders p.a. If we gave them thirds which is a very generous wage we could return 72,000,000 shares to holders p.a.

    In less than 5 years this will undilute what was given to IMC (I have no issue with IMC) diluting shareholders.

    This could more than double or triple the share price IMHO.

    If directors are here to serve shareholders and deliver value why would this not be a fair and reasonable thing to do?

    For those of us who have owned hzn for a while, 3-5 years is not unrealistic to return value to our asset.

    It is my opinion that hzn exec salaries are one of the greatest corporate greed battles playing outside the mainstream. It is my view that it is repugnant and immoral.

    Please Dyor and consider the importance of your NO vote.
    Last edited by Nailbiter: 17/11/16
 
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