With HZN in need of cash to put the convertible note issue to bed, why not have a look at Otto? Otto are selling their Galoc asset for US$108M and planning to hand cash back to shareholders leaving them a pure exploration play - partly carried by US$24M drilling funds from an abandoned BHPB deal. Most OEL holders would prefer to hold stock with production security and exploration upside - a merger makes good sense here.
For the record - I hold both OEL and HZN.
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- Forget ROC look at OEL
Forget ROC look at OEL
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Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $308.8M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 19.0¢ | $173.1K | 900.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 524396 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 590933 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 474396 | 0.190 |
48 | 861789 | 0.185 |
31 | 1805103 | 0.180 |
12 | 739119 | 0.175 |
16 | 713272 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 590933 | 7 |
0.200 | 907201 | 14 |
0.205 | 540892 | 12 |
0.210 | 1905196 | 11 |
0.215 | 549466 | 7 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
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HZN (ASX) Chart |