Guys
we have 3 substantial shareholders
a high conviction manager
IMC
and Spheria who are specialist small cap managers
no doubt they like us want a return on investment . I am confident we can get to a situation were both return of capital and securing medium term growth can be achieved.
I know I sound like a broken record - but as of end of June cash should be 50-55 m AUD . The next FY free cash flow should be on current oil price and production profile 60-65m . The ywar after should be similar also
the point I think that people miss is HZN has spent the last few years paying down a largish debt. The transformation from substantial net debt to substantial net cash over last 4 years should not be underestimated. I think if one tracks the EV and plots the last 4-4 -5 years, one will be able to see what I see. It’s the cheapest is been on an EV vs EBITDA basis for as long as I can remember.
no doubt it’s DCF is at least double current SP. I think better TSR will be achieved by a combination of paying dividends and investing for growth. If you tell the market you are simply return cash flow to shareholders - many won’t be interested
- Forums
- ASX - By Stock
- HZN
- Target Price lifted to 16c
Target Price lifted to 16c, page-38
-
- 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
|
|||||
Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $300.2M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.5¢ | $210.4K | 1.108M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 1725106 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 235956 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 1725106 | 0.185 |
31 | 2127822 | 0.180 |
11 | 186398 | 0.175 |
12 | 264839 | 0.170 |
6 | 57060 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 235956 | 2 |
0.195 | 318048 | 5 |
0.200 | 2064788 | 20 |
0.205 | 1613298 | 17 |
0.210 | 589048 | 5 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
HZN (ASX) Chart |