HZN 0.00% 20.0¢ horizon oil limited

pressures, page-16

  1. 87 Posts.
    malbi, I'm afraid I don't know any more than anyone else when it comes to the sales process. Hopefully something will happen this quarter but I note that management stated in their results presentation that any sale is subject to the price reflecting the board's firm view of the material value of the asset.

    As for the stock being stuck in this trading range, I wouldn't be too worried about that. It's had a huge run over the last year (far bigger than they rest of the market or sector) and has held up since. I expect we'll see a fair bit of price action around the completion (or non-completion) of the asset sale and I expect a decent bump from the start of production in China.

    ptolemic I suspect it would be very unlikely that Talisman would increase their stake in these fields given they sold some of their position to Mitsubishi last year??? Also very unlikely that HZN would be willing to hand over their position as operator given their extensive edge in the region...
 
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20.0¢
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Mkt cap ! $324.6M
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20.0¢ 20.5¢ 19.5¢ $254.9K 1.274M

Buyers (Bids)

No. Vol. Price($)
46 591604 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 375466 4
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Last trade - 15.05pm 29/07/2024 (20 minute delay) ?
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