Punters start to wake up to OEL’s potential.
With a rig firmly contracted, and re-entry of Calauit SC50 in late 2007, OEL has some fantastic net cash flows coming its way very soon.
Current Brent $60+, i.e. this will give them some $78m, or currently 66cents / share.
And this is just one small prospect alone, albeit one that has proven reserves and is in shallow waters.
market cap:
OEL $20m
NDO $150m
Otto has a long way to go, and it is on its way there NOW!!
the long steep climb begins
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 (20min delay)
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $21.77K | 1.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 15524781 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1970038 | 4 |
View Market Depth
| Last trade - 11.47am 31/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |