OEL 0.00% 1.3¢ otto energy limited

Ann: Completion of Placement and Institutional Entitlement Offer, page-2

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ANNOUNCEMENT SPONSORED BY PLUS500
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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,456 Posts.
    lightbulb Created with Sketch. 489
    Am I reading this correctly?
    Institutional investors (excluding Molton) only took up a minuscule 8.3 m shares, and their other 536.8m entitlement went to Molton.
    Virtually no institutional support.
    I'm surprised/shocked.
 
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