The markets are a shambles and there is no substitute for simple market sentiment toward a stock. I know of one junior off the top of my head that produces less than 1/10 of Nidos production a day but has the market cap of Nido and Otto combined. There are others with larger mc's than Otto that have zero production and can't possibly have for years to come but if they were for sale on the open market you would have to pay more for them than a company like Otto which makes 100mil pa. Madness, but it seems that Otto is getting noticed with good press now and let's hope that sentiment will finally change. the big seller is not helping things. IMO
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $11.48K | 914.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14875552 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 12440675 | 19 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| OEL (ASX) Chart |