OEL
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0.00% 1.2¢ otto energy limited

Why would Molton give the board the flick? This capital return...

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  1. cokelator
    518 Posts.
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    01/11/23
    16:19
    Post #: 70671287
    Why would Molton give the board the flick? This capital return will make their holdings a negative-carry without incurring CGT, giving more than $18m cash. Not bad for 3.5 years investment of ~$12m (they got 2b shares at 6c in early 2020). Man, it is so good to be rich rolleyes.png
    OEL Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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Last trade - 15.46pm 05/11/2024 (20 minute delay) ?
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