OEL 0.00% 1.3¢ otto energy limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-30

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. 1,456 Posts.
    lightbulb Created with Sketch. 489
    The most interesting thing in the Quarterly is changes to Top 20.
    Keybridge Capital (ASX:KBC) purchased some of my shares.

    My Very Quick Look reveals (my takes may be completely wrong as it was a very quick look)
    Keybridge owns a large chunk [78%] of Yowie (ASX:YOW).
    Wilson Asset Management (ASX:WAM?) has 20%(+?) of YOW via holdings in ASX:KBC and HHY Funds (also related to KBC).
    Is WAM backing KBC (using them KBC and HHY as managers)?

    KBC and YOW are very thinly traded and share price performance is woeful.
    KBC are activist shareholders.
    Holding in Otto too small, and Molton are calling the shots: so unlikely to be able to influence direction.
    You never know, they may shake things up.

    They most likely think that company breakup value/sale will deliver a good return would be my guess.

    Anyway, I thought that this was the most interesting snippet from the quarterly.
 
watchlist Created with Sketch. Add OEL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.