OEL 8.33% 1.3¢ otto energy limited

new analyst research out-valued at 13c, page-12

  1. 559 Posts.
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    hammers, not so strange, the entire oil market lacks some logic. Examples are Rfe , Sea, and other junior or medium companies almost or are illiquid in there trading.
    I hold big positions in OEL and Rfe . I could not sell except at a total stupid price that has no reality to the expected returns to the respective companies in the next 12 months. I continue to buy at 7cents for Oel and mid 60's for Rfe when sellers present.
    Its a tedious job with a Buffett attitude of if I could I would buy the whole company.
    Some time in the next few months I will sell some to pay for the groceries.
    Until then i mite have to eat roadkill.
    All the best
    247
 
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