With the long delay between capital distribution being first announced and actually paid, along with a favourable insurance payment expected and ongoing cash receipts, I'd like to see the cap distribution increased from $0.008 per share to at least $0.009 and preferably $0.01.
$0.009 would mean $43.15m AUD paid, as opposed to the $38.35m AUD they will actually pay. Crikey it's 6 months after being first announced.
These guys need to do the right thing!
Ann: OTTO PROVIDES UPDATE ON TIMETABLE FOR RETURN OF CAPITAL, page-50
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Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $29.38K | 2.261M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 18 | 15020639 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.3¢ | 1166818 | 2 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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| 1.3¢ | 1.3¢ | 1.2¢ | 12129 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| OEL (ASX) Chart |