The right move, would have been unpalatable to retain and incentive MU after not achieving his primary objective in 3 years so they turfed him after 2.75 when it became clear he couldn't do it in time for the required price. JJ has the power base here with his connection to Moltons 48% holding.
Disappointing that our liquidity event is potentially kicked further down the road (or capped below 1.85cents/share) but it shows OEL is not a gravy train for fat cats that can't get the job done. What are the odds on MU to lead an (ex)-management buyout now...?
The right move, would have been unpalatable to retain and...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $57.29K | 4.787M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 549479 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 15958763 | 19 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |