Instead of wanting answers I think people should take a step back and ask why they invested in OEL.
For me.
Good Cashflow - tick
Experienced Management - tick
On a risk-reward basis have they got something to invest that cashflow in that will deliver something better than alternatives I have (ie I don't need a dividend)- tick - in fact it's not a one legged stool and if SC55 falls over they have very good alternatives I'm happy for them to invest in.
So, I don't want answers I want management to continue with the strategy they've outlined. If you don't like that strategy or have a better alternative then sell.
Cheers,
Stu
answers needed !, page-16
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $5.14K | 396.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 11021622 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 17888761 | 14 |
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| Last trade - 15.30pm 01/10/2024 (20 minute delay) ? |
| OEL (ASX) Chart |