I thought it was ok for a commissioned sell side report.
Its parrots a lot of what we've discussed ourselves re the discount the market places on OEL, and why. Refer page 19.
With the prudent approach to growth not attracting punters, but not blowing up the company either like the previous riskier approach, its probably down to major corporate moves to realize value in the sp. Mid-longterm.
HZN's current strategy is not a bad example of where Otto should aim to be. We dont have the scale for it yet, but getting close if current dev program meets expectations.
The report has Lightning wells scheduled for CY 2023. Can we take that as current guidance from Otto, given they paid for the report ?
I thought it was ok for a commissioned sell side report.Its...
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1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $11.48K | 914.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14875552 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 12440675 | 19 |
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| OEL (ASX) Chart |