OEL 0.00% 1.3¢ otto energy limited

Well, when I first looked with about 2min before the final...

  1. 6,339 Posts.
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    Well, when I first looked with about 2min before the final match, there was one bidder for 14.5M at 1.5c and one seller with just less than 14.5M at 1.4c, which was going to leave an excess of around 2 mil @ 1.5c.

    I went and looked elsewhere and when I came back, boom 16.8M changed hands in the closing auction with 15 trades, and the bids were at 1.4c with offers at 1.6c.

    https://hotcopper.com.au/data/attachments/5998/5998574-d0abb01d92f1acd5e4c2ce3c37af05d4.jpg

    With the new timing schedule we've been advised for the cap return, I'd have to think there's something else going on.

    Tomorrow might add to the story. Worth watching anyway.
    Last edited by 62strat: 29/02/24
 
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