HZN 0.00% 20.0¢ horizon oil limited

Turning Point, page-3

  1. 10,075 Posts.
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    There is a bright future with the rising POO but until the cap raising is complete the picture isn't great. I have quite a large holding and didn't want to have to pump more cash into my investment in the company. What plays on my mind is what the share price will be following the cap raising, will it reflect the additional $$ i've invested? But i agree that volume has been low but I think that it is nervous retail rather than instos getting out. Very frustrating to have a massive rally underway and see the other oilers taking off while we are eating their dust. Still think that the cap raising was unnecessary and a last minute solution instead of careful planning a year ago. Evidence for that are the comments from Emmett that strong cash flows would continue and would cover the bond debts. Emmett pointed out the perils of a cap raising last year including the destruction of share holder value and then he went ahead and did it.
    Last edited by m0ngy: 08/06/16
 
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Mkt cap ! $324.6M
Open High Low Value Volume
20.5¢ 20.5¢ 19.5¢ $198.0K 984.4K

Buyers (Bids)

No. Vol. Price($)
25 1112190 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 308447 2
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Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
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