HZN 0.00% 20.0¢ horizon oil limited

Well,a good solid message to management,to return all generated...

  1. ces
    402 Posts.
    lightbulb Created with Sketch. 30
    Well,a good solid message to management,to return all generated income to shareholders forthwith(annually).
    Further,important to us shareholders,....is administrative costs
    Management need to be honed down,to it's minimum,now the message is ..".no expansionary measures,other than drills that are required for depleting existing reserves."
    "this return of capital ",is a magnificent path for ALL shareholders,to extract the intrinsic value of this company...(against takeover offers ....or the relevance ,of the market view of the stock.)
    For shareholders to maximize their return...is to hold the stock to benefit from the capital return...the sum of which... maybe in excess of 20cents(maybe more).
    There maybe an exit path of selling your stock,and adding your past capital payments....,However will be very unlikely to be comparable to holding and receiving all capital repayments..
    Everyone heard of turning a pigs ear into a silk purse?...
    (once again,opinion only)
 
watchlist Created with Sketch. Add HZN (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
0.000(0.00%)
Mkt cap ! $324.6M
Open High Low Value Volume
20.0¢ 20.0¢ 19.8¢ $295.7K 1.478M

Buyers (Bids)

No. Vol. Price($)
43 516499 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 461420 7
View Market Depth
Last trade - 10.53am 30/07/2024 (20 minute delay) ?
HZN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.