So, if you are right Auto, a combined ROC/HZN would be in the black (assuming HZN get the rest of what they are owed), have net production of over 20,000bopd equivalent (close to 6-7mmboe a year) and reserves of 2P of over 40mmboe with much larger contingent resources all with an market cap of around $800 million.
If for example, the possible merged entity were based in the Cooper Basin, they would be valued at just under $2 Billion (I agree, a very uneven example, but just trying to put some perspective on it)
I would be happy to own shares in it.
So, if you are right Auto, a combined ROC/HZN would be in the...
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Last
9.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.93M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 32515 | 1 |
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| Last trade - 16.21pm 30/07/2025 (20 minute delay) ? |
| ROC (ASX) Chart |
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