OEL 0.00% 1.3¢ otto energy limited

Management need to make some hard calls to turn this around....

  1. 480 Posts.
    Management need to make some hard calls to turn this around. Capital raising and firing of staff is whats needed. I'm sure the 2 German billionaires will put money in if oel is a going concern. Problem with a placement is it will destroy value for existing shareholders, but some value is better than no value at all.

    I have DYOR and it doesnt look good. Not the only oil spec to encounter problems. Tuff market to be in these days
 
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