OEL 0.00% 1.2¢ otto energy limited

Ann: OTTO PROVIDES UPDATE ON TIMETABLE FOR RETURN OF CAPITAL, page-76

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  1. 9,321 Posts.
    lightbulb Created with Sketch. 776
    rapidly approaching the updated deadline would look terrible if the company has to re set expectations again ….

    assuming they have received the insurance payout and net $2m for the March quarter they should now be sitting on usd$38m or aud$60m 90% cash backing …. Interest on cash held should be covering salaries at the moment
 
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