hi stlmac,
I think that you understood, but just in case I wasn't clear, the usd$550m PNG valuation is total PRL4 and PRL21, so if they sell 50% they will get usd$225 (tax free). I don't think the 25% PPL259 interest is for sale. My reference to "at least usd$0.52 share price" is in relation to the strike price of the convertible bonds.
HZN also flagged payment of dividends going forward if partial asset sale proceeds. I wouldn't be surprised if they give some guidance on timing when/if PNG asset sale happens. It could be as early as for the June 2013 half.
A dividend (unfranked) would also put HZN on more institutional investors and retail investors radar.
- Forums
- ASX - By Stock
- HZN
- pressures
pressures, page-20
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HZN (ASX) to my watchlist
(20min delay)
|
|||||
Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $349.4M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 21.0¢ | $209.0K | 974.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 543186 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 1363184 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 1058329 | 0.210 |
17 | 774096 | 0.205 |
29 | 1203948 | 0.200 |
28 | 1715965 | 0.195 |
33 | 1651802 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 1761943 | 14 |
0.220 | 1686286 | 22 |
0.225 | 501842 | 7 |
0.230 | 742270 | 5 |
0.235 | 30850 | 1 |
Last trade - 12.03pm 08/10/2024 (20 minute delay) ? |
Featured News
HZN (ASX) Chart |