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1.3¢ otto energy limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-14

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boysy1

9,287 Posts.

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14/08/23

18:01

Post #: 69331636
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Originally posted by tt2000 ↑

Yes be good to see this over $0.02 psychological level.

Would have thought the extra cash (plus potential further upside from insurance payout) adds $0.002 plus some momentum could get us there.

I imagine that only a sale of assets will get us to the intrinsic value we all see, but unfortunately until there is a binding agreement I can't see this getting there.

On the bright side, you'd imagine that sometime between now and March, we will just wake up to the announcement and the associated jump in price.

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Wonder what the odds of receiving the rest of the insurance claim ($2.9m) are ?

Updated reserves report due sometime in the next few weeks

Surely due for an update on offloading the various assets

Shares held outside the top 20 continue to decrease down to about 1.24B

OEL Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.3¢		Change 0.000(0.00%)		Mkt cap ! $62.33M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.3¢	$975	75K

Buyers (Bids)

No.	Vol.	Price($)
14	12179048	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	15035860	17

View Market Depth

No.	Vol.	Price($)
14	12179048	0.012
8	4907271	0.011
7	14275452	0.010
2	1375122	0.008
2	166837	0.006

Price($)	Vol.	No.
0.013	15035860	17
0.014	5358893	11
0.015	4956622	7
0.016	2000000	1
0.017	72000	1

Last trade - 10.26am 04/10/2024 (20 minute delay)

OEL (ASX) Chart