OEL 8.33% 1.3¢ otto energy limited

Worth applying a few caveats here to normalise those figures if...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 9,283 Posts.
    lightbulb Created with Sketch. 756
    Worth applying a few caveats here to normalise those figures if the company is a shell going forward

    on the income side

    - Production uptime has been significantly impacted on SM71 in the past 6 months they have had >4 weeks of downtime and freezing temps impacted production in December through January. Expect this has resulted in income for the 6 months being USD$1m lower than it would of been.

    on the cost side

    - one off staff/admin/corp restructure costs - down sizing the team (getting rid of Mike U & VP exploration etc). Cost ~$0.5M

    - One off development costs - cost $2.2M

    So net net this should improve your numbers from $2.3M to $6M - annualising to $12M which would bring down the PE from your 3x-4x to <1.5x
    Last edited by boysy1: 09/03/24
 
watchlist Created with Sketch. Add OEL (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $62.33M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $25.58K 2.105M

Buyers (Bids)

No. Vol. Price($)
13 8301793 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 17534369 14
View Market Depth
Last trade - 16.10pm 30/09/2024 (20 minute delay) ?
OEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.