HZN 2.50% 19.5¢ horizon oil limited

"Parabolic Oil" Ahoy?, page-20

  1. 582 Posts.
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    REVIEW OF THE PAST 4 WEEKS TRADING

    Total Trade Volume 26.5m

    Days SP closed above 10c = Only 2

    Oil Price 20th September Brent crude Spot 73.59

    Oil Price 18th October Brent Crude Spot 85.17

    So there is the story we have someone out there picking up good
    volumes at 10c or less whilst Oil continues to climb.

    So say they picked up !0m @ say 10c cost $1m
    Capital return mid 2022
    Say 3c Net net $300,000k back in the bank
    30% after tax return
    Shares drop back 3c for 3 months and off again repeat.

    Just wish i had a couple of mill lying around ..

    Anyway goodluck to them a Very Smart play.



 
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