OEL 7.69% 1.2¢ otto energy limited

4938 i agree it will help the SP and maybe dramatically as long...

  1. 30,156 Posts.
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    4938
    i agree it will help the SP and maybe dramatically as long as the DOW doesnt collapse at the same time or some other cataclismic event happens .It also could come after an annnouncement Galoc debt paid off, or drilling started in Italy,capital raising completed and be more effective.
    I'm really looking forward to this as i'm very interested to see the consequences , significant or otherwise.
    How many other oil minnows have a deal of this size pending(virtually in place imo) with such a significant partner and other near term projects ?

    Being a BHP announcement as well how many individuals are going to read it? BHP has nearly 1/2 million share holders ,say 5% of bhp s/hs read it and an equal amount of other s/holders read it(thankyou Cujo), that would equal about 50,000 viewing. Say 1 % decide to buy on average 50000 shares, a 5-10k investment.That would equate to demand of 25M shares spread over what ever time?
 
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