Ron,
Yes SWE got a really good deal on the farmout!
Based on SWE's deal with TATA , Strachan valued Otto’s 50% interest as having
a look-through value of around 3.3 cents per OEL share , (Strachan's figure A$39 million ).
As per my past posts I believe at 3.6 cps OTTO's share price is way too cheap.
below budget and expectations - plug and abandon, page-29
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Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $1.749K | 143.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 657928 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2255921 | 6 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| OEL (ASX) Chart |