KB2
The directors are taking up their entitlement of 13,605,947 shares and underwriting 10,784,254 shortfall shares.
The initial security against the secondary loans from Santo and Molton is 50% of the Turkish gas assets. The loans will be paid out from the proceeds of the placement, thus negating the implementation of the charge over all assets.
If the placement fails and the loans cannot be paid, Otto will probably go under anyway, so there’s no real increment in risk.
And in answer to Salty etc, I will be taking up my entitlement. I will also apply for shortfall shares.
- Forums
- ASX - By Stock
- OEL
- good buy at 2-3c?
good buy at 2-3c? , page-28
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OEL (ASX) to my watchlist
|
|||||
Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $1.99K | 164.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 10483633 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 13812395 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 10283633 | 0.012 |
7 | 4010642 | 0.011 |
18 | 22637452 | 0.010 |
1 | 100000 | 0.009 |
5 | 595371 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 12812395 | 20 |
0.014 | 11395902 | 11 |
0.015 | 4927000 | 9 |
0.016 | 714285 | 1 |
0.017 | 72000 | 1 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
OEL (ASX) Chart |