HZN 0.00% 19.0¢ horizon oil limited

Some insto broker feedback: deal viewed as positive as fills...

  1. 2,973 Posts.
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    Some insto broker feedback: deal viewed as positive as fills void of solid producing mid tier e&p in ASX, and logical given similar strategies, is complementary and creates more financial clout. Perhaps mergeco can take over from KAR/AWE?

    I share that view in the broad, but think the specific deal is a stinker for reasons I posted before.

    Note however brokers have been at odds with market on both companies for a while now, with valuations far exceeding SPs.

    Short term it might be a bit of a sandwich for those looking to achieve anything/value. I have the snout out to hoover some up at cheap - seems consistent with the HZN management view of their own company. I was happy to break even at least, from the most recent iteration (mixed performance LT so far).

    they now joined at the hip in terms of SP, you would think....
 
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Last
19.0¢
Change
0.000(0.00%)
Mkt cap ! $308.8M
Open High Low Value Volume
18.5¢ 19.0¢ 18.5¢ $111.8K 595.0K

Buyers (Bids)

No. Vol. Price($)
53 1111724 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 301354 16
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Last trade - 13.03pm 11/11/2024 (20 minute delay) ?
HZN (ASX) Chart
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