OEL 8.33% 1.3¢ otto energy limited

how to p

  1. 421 Posts.
    ...ick a bargain.

    Interesting by-line to this major transaction: “”””We understand the sale was a
    “fire-sale” needing to be completed by time the first Galoc production well reached the reservoir target.””””

    “””””The transaction price of US$38.5m (plus 2m shares and 8m options), represents ~US$9.2/bbl and
    compares very favorably to our base case valuation of US$50m.”””””
 
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