Just reading up on OTE after hearing about it from a random person.
Seems like the company has a long history of letting its shareholders down, but may finally came up trumps if the drilling programme that's getting underway hits something.
Seems to me to be worth a punt with the price under 2 cents.
How realistic is the company's predictions of 5 cents, 31 cents and 50 cents if it hits oil/gas?
Can't go too wrong at 100,000 shares for less than 2 cents I would have thought, but there are obviously a lot of shareholders on here still hurting.
I may look at getting in next week - nothing ventured, nothing gained :)
Cheers,
T
OTE Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held