OEL 0.00% 1.1¢ otto energy limited

sorry guys - i'm out, page-3

  1. 2,631 Posts.
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    me too. good luck e. im out, and like you no money lost, but about 18 months of careful watching and timing (which ultimately has paid off in me not losing my skin today) has been wasted.

    shame to see profits dissapear, especially as i was looking to exit earlier this week but oh well. piled into PVD with the proceeds, should all come back in no time :)

    good luck guys but this one is dead for now. i feel sorry for otto management. and we can blame bhp here but its really the government, and in particular, the local council that is to blame for this. they have created the country risk that has likely had bhp decide to get things cleared up and get the hell out. it is the country with the asset that will suffer ultimately. this will be years away from drilling. like, years. 3 or 4.

    time to look ahead and put the experience behind me. good luck to all.
 
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