OEL 8.33% 1.3¢ otto energy limited

Great to see OEL moving exactly as predicted. I've copied &...

  1. 365 Posts.
    Great to see OEL moving exactly as predicted. I've copied & pasted' part of my 22/12 post as it clearly states the BESBS (Buy Early Sell Before Spud) case for OEL.

    "As a BESBS player (usually), I think that 2012 looks good for OEL.

    In simplistic terms:

    * big target drill coming up.
    * drill confirmed in Investor report for April. This is not long to wait once the traders sober up/return to work after their Christmas cheer.
    * drill is funded
    * SP is still relatively low in the usual BESBS (Buy Early Sell before Spud) cycle. This should be another incentive for punters.


    For longer term holders, the key to SP performance is whether SC 55 is a success. Nonetheless, I can see a 15c+ SP target at spud so a (roughly) 70% potential gain - if one wishes to lock this in - would be a good offer to shareholders.

    Anyway, I'm in at 8.4c..."


    Next stop should be 10c+. Once we get more updated announcements confirming the timing of the drill, this should be a 1 bagger plus.

 
watchlist Created with Sketch. Add OEL (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $62.33M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $12.34K 1.028M

Buyers (Bids)

No. Vol. Price($)
9 17892904 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 12332282 21
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
OEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.