OEL 7.69% 1.2¢ otto energy limited

exceptional week but wait theres more 2 come, page-3

  1. 13,293 Posts.
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    It seems that although some investors are selling down to probably be free carried and some reducing their exposure from the last raising, the SP is holding up exceptionally well.
    When the larger holdings finish selling down to what they deem to be more comfortable holding, OEL will take off.
    This drilling program in Turkey, especially if next weeks well strikes gas again will prove their siesmic is spot on.
    A nice long term earner in Turkey.
    Galoc on stream in a few weeks with high returns.
    OEL's bank balance by the time the gas is connected will be massive.
    Po vally in Italy could be a shrewd investment and if successful another income stream.
    Argentina will create much anticipation when its announced.
    Farm outs to a major for their acreage in Phillipines will excite the masses especially with all this success happening.
    Meanwhile the cash registers keep chinging from Galoc.
    I have shares in some promising companies but OEL is a definate no brainer.
    No downside seen in this one at all.
    Everything they do is measured and with minimal risk.
    The only risk it seems in the future is in the massive elephant wells on the horizon, which i may add will probably be free carried to developement.
    Well done Alex Parks you have shown how a medium size oil company should be built.
 
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1.2¢
Change
-0.001(7.69%)
Mkt cap ! $57.54M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $2.667K 222.2K

Buyers (Bids)

No. Vol. Price($)
7 10992876 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 12042692 22
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Last trade - 15.43pm 26/06/2024 (20 minute delay) ?
OEL (ASX) Chart
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