OEL otto energy limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-13

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    Fingers crossed. Boysy, you're a sell? I don't follow this site as closely as I should but respect your views. What's prompted the sell opinion?


    I can't remember when or how much, and may even be imagining, but I recall they repatriated some of the cash from US back to Australia (and AUD). So some accruing interest in AUD and USD at respective interest rates. Given the amount of cash on balance sheet would be nice if they reported currency risk management as that is arguably more significant that commodity prices.
 
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