OEL 8.33% 1.1¢ otto energy limited

Ann: Green 2 Development Well Update, page-12

  1. 126 Posts.
    lightbulb Created with Sketch. 16
    It's a terribly written update. Typos, vague descriptions, and difficult to read.
    Originally, I liked Otto's tersely styled reports because they were to the point - oil stock followers can sometimes read too much into these reports. But now I'm worried that they are treating Australian shareholders with contempt. The company has 'lost it's voice'/trustworthyness in hastily written 'updates', and with delayed wells. Also, the share price slides well before shareholders get to learn the news (Mustang, and now this well).
    OEL have one job - to keep shareholders informed. They're struggling to do this. And on plump salaries, too.
 
watchlist Created with Sketch. Add OEL (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $52.74M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $1.765K 147.3K

Buyers (Bids)

No. Vol. Price($)
22 11647186 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 3065913 4
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
OEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.