From Macquarie Equities ...
"Horizon Oil (HZN AU, A$0.32, Outperform, TP: A$0.60): With Beibu Gulf now at plateau, HZN has delivered the first leg of production growth. Finalisation of a development licence over Stanley in coming months will de-risk the next leg of growth and crystallise the US$74m upfront payment (and completion adjustments) from Osaka Gas. Furthermore, with a development licence expected to be submitted on a larger PRL 21 development the end of the current quarter, this could provide some confidence that the approvals lead time will not be as long as Stanley."
hzn december quarterly - summary, page-7
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $325.0M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.8¢ | 20.0¢ | $340.1K | 1.663M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 916880 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 1698384 | 15 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| HZN (ASX) Chart |