Monad , seen it all before ,,, Shell tried it on Woodside in the 90s .... at $6 from memory ... blocked by the Govt that one ... more recently OPL , taken over by controlling interests at 80c .... would have been $3 by now ....imo.
The big holders in OEL could easily 'play' with the SP and launch a T/O at ,say, 50c and gain at least 50.1% and then do what they like!
I dont really expect that to happen at this point , but simply highlighting the potential for restricted upside here.
Cheers,
SALTY
seems like otto has silenced the critics, page-40
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Last
1.2¢ |
Change
-0.002(11.5%) |
Mkt cap ! $55.14M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $15.27K | 1.286M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 12141973 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2801054 | 5 |
View Market Depth
| Last trade - 13.48pm 11/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |