HZN 0.00% 21.5¢ horizon oil limited

Samuel Terry, page-14

  1. 20,489 Posts.
    lightbulb Created with Sketch. 2037
    Very true . Another way to look at capital management such a dividends is to consider although the payment may reduce cash levels marginally for any acquisition, the impact on the SP via a rerate due to commencement of dividend creates opportunities to use Shares and higher SP as currency.

    btw folks - AUD Brent only 6.7 dollars below 100?

    in the past if AUD was 93 and Brent 93 this would have been trading at 20c
 
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