Surprising to see such a good announcement in the market after hours. Certainly can't accuse Otto of ramping.
Once these two wells are connected the oil production will double as will the positive cash flow. So Otto now very cash and production secure ready for the big one at SC 55 and free carried by BHPP.
The share price is lagging but it won't do so for long. Good results for the patient with a lot more to come.
Cheers all,
Surprising to see such a good announcement in the market after...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
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¢ | $48.19K | 4.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 10476011 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 16762591 | 22 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |