OEL 8.33% 1.1¢ otto energy limited

the long steep climb begins, page-12

  1. 37,286 Posts.
    lightbulb Created with Sketch. 400
    re: roflmao hi ronstieb

    shareholders just approved a cap raising $5mm

    if it goes ahead me thinks sophisticated investors will take up the issue..

    perhaps a investors in the U.K..????

    i doubt shareholders will get a look in..

    regards

    Subject re: roflmao
    Stock Code OEL - OTTO ENERGY LIMITED
    Posted 10/11/06 12:39:54 PM
    Posted by ronstieb
    IP 202.47.xxx.xxx
    Hotcopper Radio OEL on BoardRoom Radio
    Post #1364141 - 5 reads
    In Reply to msg #1364128

    No, its more about a strategy for entering the stock
    Cap raisings normally depress the sp.
    If the options lapse, they will need a cap raising

 
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