HZN 2.70% 19.0¢ horizon oil limited

HZN had earnings per share (EPS) of US1.54c/share for the...

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    HZN had earnings per share (EPS) of US1.54c/share for the half-year (US1.21c/share on a diluted basis).  If it can repeat its performance in the second half, HZN will have EPS for the year of approx US3c/share (basic) and 2.4 (diluted).  

    This means EPS of approx AUD4.15c/share (basic) and AUD3.33c/share (diluted).  

    In other words, HZN is trading on a P/E ratio of 3-4 x 2019 earnings, assuming second half performance repeats the first half.

    I am really struggling to understand why the share price is stagnant.  The Stanley issue doesn't seem like a great answer, given that the current price doesn't seem to factor in any value for PNG in any event.

    Extremely happy with where HZN is at.  Just need the market to take notice.

          
 
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Last
19.0¢
Change
0.005(2.70%)
Mkt cap ! $300.6M
Open High Low Value Volume
19.0¢ 19.0¢ 18.5¢ $209.0K 1.108M

Buyers (Bids)

No. Vol. Price($)
23 1228333 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 293291 7
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
HZN (ASX) Chart
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