OEL 9.09% 1.0¢ otto energy limited

Ann: BYE: SM 71 Production and Performance Update, page-60

  1. 1,102 Posts.
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    No luck with ST 224 but I don't think RTM use was the problem, even if I trust more BYE management than W&T.
    The problem, as you say, is directors and management involvement : OEL directors have 2.4 % of the capital, BYE directors had 25 % and they bought 14 % at the last CR. Strong incentive and the long term holders we desperately need.
    But as for relative valuations, no hesitation : OEL is a strong buy, BYE is not

    A-N
 
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