Views,
The offer from Risco for OEL's 33% stake in Galoc equates to a headline price of 10c per OEL share.
The 6c mentioned is a proposed "Capital Return" of equity to be paid in cash to shareholders from that equivalent 10c/sh sale price.
The Divestment preso on page 8 under Right Price reads....
•Monetisation and maximisation of the value created by Otto at Galoc
•Price is at top-end of valuations and a 36% premium to the balance sheet value
•$0.10/share value of the headline price exceeds current share price by approximately 19%.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
70.0¢ |
Change
0.010(1.45%) |
Mkt cap ! $159.4M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 73.5¢ | 69.5¢ | $81.61K | 116.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9979 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 12541 | 1 |
View Market Depth
| Last trade - 15.53pm 17/06/2025 (20 minute delay) ? |
| NDO (ASX) Chart |