OEL 7.69% 1.2¢ otto energy limited

17 days till judgement day?, page-9

  1. Jef
    369 Posts.
    ... no one (else) has resorted to copying and pasting their comments yet, so the fresh ideas are welcome IMO - whether glowing appraisals or otherwise.

    Hopefully the raising will be fully subscribed, but the overall mkt sentiment (now the R-word; surprise-surprise) has been officially mentioned by the PM doesn't help a approx. doubling of on-issues atm.

    If I was a current holder, the imminent prospect of an under-subscription, possibly followed by a Euroz/underwriter dump-strategy would be a valid concern (not a down-ramp).

    If this occurs, the buy-side would look far more favourable and may cushion the blow completely; but I'm not confident enough, as yet, to select LT Buy.
 
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