Rumot, I can to believe you are giving barnaby a wrap... Are you serious?? OTE has been my worst investment EVER, from the days when it was trading as FUT and promised the world. All timelines and milestones were missed. We were to drill 16wells and did not drill 1...... SH's suffered and copped a hiding on a consolidation....... Just to have their consolidated shares now worth bugger all again.....Hmmmmm another 10:1 consolidation maybe??? Not to mention the fact that he gave himself HUGE payrises whilst UNDERPERFORMING.... I have not been on OTE thread for months as I believe my $$$$ is dead, would love to be proven wrong though.
Facts are: SH communication is shock There is no clarity in the company announcements There is more truth and detail needed in their announcments. Announcments have a way of being delayed when OTE has bad news, usually with people bailing first. The WI is not worth the outlay ATM.
So instead of giving this guy a wrap..... Tell him to get the SP moving.
BIGGEST DOG STOCK ON ASX., It's only a matter of time before the newbies see what long termers have been through.
OTE Price at posting:
0.2¢ Sentiment: None Disclosure: Held