OEL 0.00% 1.3¢ otto energy limited

Ann: Management Changes, page-15

  1. 2,873 Posts.
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    Before making the final call on a cash distribution they probably want to see the cash figure reconciled for Dec 2023 and advise what the cash balance will be post distribution. This should occur in the first week of January imo, the tax ruling was a 28 day timeline so this should have already been received.

    Then I would like Julie Dunmore the new CFO to essentially make a statement about her competence and release the quarterly at least a week earlier than usual. It's such a simple business there is no need to have to wait till the last hours of January for this.

    Suspect we will again see high admin costs as staff termination payments, accrued leave etc are paid out. Should be a solid quarter for revenues. Is also a pretty good chance we see an extra ~$1m usd from the PANR stock being sold, that's if they are actually serious about winding this up...
    Last edited by ProPunter23Red: 03/01/24
 
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