Not an accountant, but I had looked at the US$100.8 million of accumulated losses as at 31/12/23 as leading me to think ample losses before it could argued the distribution is a return of capital rather than a dividend. You could be right though and this would definitely lower my valuation of OEL if indeed part of the distribution ends up being a dividend.
Ann: OTTO PROVIDES UPDATE ON TIMETABLE FOR RETURN OF CAPITAL, page-53
Add OEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $131.9K | 10.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7264031 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 11470531 | 17 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
1.2¢ |
Change
0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 4117573 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| OEL (ASX) Chart |
