imo you cant entirely blame the BOD for the current situation, after all no one except probably bill gates could have predicted this covid19 outbreak and crash in oil prices to this extent, however half of otto's is hedged, otto has had a lot of drill failures including the last one and the management being so good at calculating which one might be successful they opted out of the one true success with BYE. A buyout is really the only option left if and when oil prices recover a little, after all they must be averaging mid $30 with the hedging in place. Directors need to slash their payments.
imo you cant entirely blame the BOD for the current situation,...
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $10.82K | 832.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2688085 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 7217741 | 13 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.001 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 33525 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| OEL (ASX) Chart |