OEL 0.00% 1.3¢ otto energy limited

Crude Oil, page-71

  1. 4,781 Posts.
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    Boysy it would help if you referenced the post you are talking about .
    I thought you paid no attention to what the Market is saying ?
    Assuming that we all see plainly what the Market is saying is in itself not factual .
    I am sure it is interpreted in different ways by different minds.

    The problem here is that many of us have not paid enough attention to what the Market has been saying about this business for a long time .

    I think you are right at the moment that the present oil and gas prices will result in a re rate as the balance sheet strengthens however it would be an optimist to think that we would revisit the share prices that we had pre the Hillcorp farm in .

    A combination of poor strategy , including not keeping to their business plan , and bad luck including the CV Black Swan would make that unlikely .

    There appears no Entrepreneurial Flair or much Skin in the Game that imo would be required to achieve such a result .
    From what I hear on this forum too , no heart amongst shareholders to take on any risk either.


 
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