OEL 0.00% 1.2¢ otto energy limited

Interested to hear opinions of Otto's new letterhead with the...

  1. 1,012 Posts.
    Interested to hear opinions of Otto's new letterhead with the broker valuations included in the side panel. Seems a little desperate to me and wouldn't be too surprised if they were trying to generate interest ahead of a raising.

    Anyone care to check on the last financials and have a stab at the cash burn rate? I imagine that with the Galoc delays and additional costs sitting in GPC that no distributions (to Vitol or OEL) are likely until most of that debt is paid down.

    I personally have never seen any company include a broker valuation in their letterhead... and I don't like it one bit.

    p1000
 
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Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
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