Carabea,
We have opinions - the auditor has concerns...
It is unbelievable that Otto have booked a foreign exchange gain on the goodwill for GPC ($13.9 million) and booked a foreign exchange gain on their oil and gas properties ($12.9 million) when oil has come off by $100/bbl and GPC is basically broke.
I expect ASIC and the ASX will look closely at these accounts.
Today was the last day that OEL will trade at a higher share price than NDO in my opinion.
It will be a buying op for the true believers tomorrow... but I suspect many will view it as a chance to get out
p1000
Carabea,We have opinions - the auditor has concerns...It is...
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Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $1.749K | 143.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 657928 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2255921 | 6 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| OEL (ASX) Chart |