OEL 0.00% 1.2¢ otto energy limited

Ann: Invalid Notice under s249D of the Corporations Act, page-21

  1. 186 Posts.
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    Got a feeling we may not be hearing from Perennial for a while.

    If their aim was to sell off parts of Otto to realise a higher value than the Otto market capitalisation, well now is not the time to extract that value. For example, despite what would be a tempting price, Byron would be mad to buy the other half of SM71 and risk running short of funds if oil prices collapse.

    Just a guess.
 
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