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1.2¢ otto energy limited

Oil Price Rebounding..?, page-20

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ronstieb

9,085 Posts.

556

03/04/20

16:09

Post #: 43866573
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Originally posted by cmonaussie: ↑

Hasn't the BYE shut-in resulted in half the production (roughly)?

Hasn't oil price halved (roughly) since that cash flow chart?

If costs remain the same they are 4x higher per BOE now than a month ago (roughly).

Is the problem that hard to see for our BoD? Get to work with a chainsaw.

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Could be an upside to only raising the minimum required USD7.3m which is basically the Placement and Underwritten amount from Molton. The cuts will need to be deeper, and Molton has the most to lose.

OEL Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $57.54M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$1.13K	94.19K

Buyers (Bids)

No.	Vol.	Price($)
2	59033	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	2501422	10

View Market Depth

No.	Vol.	Price($)
2	58971	0.012
14	16724060	0.011
6	8650000	0.010
1	500000	0.009
1	125124	0.008

Price($)	Vol.	No.
0.013	2501382	10
0.014	9731354	12
0.015	4305776	7
0.017	233300	1
0.019	1500000	1

Last trade - 15.57pm 06/11/2024 (20 minute delay)

OEL (ASX) Chart