HZN 2.70% 19.0¢ horizon oil limited

This is a clever legal move. Essentially it's pre-emptive...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,083 Posts.
    lightbulb Created with Sketch. 297
    This is a clever legal move. Essentially it's pre-emptive strike, a 'let's see your hand' play. It undercuts the power of Pok to withdraw the licence and get the publicity from doing that. It undercuts his desire to do nothing until APEC is over. In fact, it's an 'in your face' move on the same day as the APEC CEO summit meeting with PNG trying to encourage investors that PNG is a good place to do business. The gloves are off and Pok will now know that he is up against a heavy hitter, Repsol.
 
watchlist Created with Sketch. Add HZN (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
HZN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.