HZN 2.56% 19.0¢ horizon oil limited

Sell off, page-2

  1. 10,836 Posts.
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    Trouble is there must have been some reason why the Directors tried to flog off the Company.
    Also they didn't generate any net cash from operations in the latest quarter after deducting Osaka's $78mil receipt - I would have expected lots more cash to be flowing from Beibu from their large share in that project.
    The Chairman wrote about the prospect of dividends being paid at the last AGM - let's see if he's as good as his word or will he wiggle away from this carrot he dangled in front of shareholders last year.
 
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