OEL 8.33% 1.3¢ otto energy limited

With the long delay between capital distribution being first...

  1. 2,881 Posts.
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    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!
 
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