Latest coy presentation is a GREAT read.
Also worth reading and rereading are the analyst's reports
archived on OEL's website to see where OEL has come from
(and for me remind myself why I brought OEL when the price was above 20 cents and below 6 cents).
All things considered I think for the current share price and current activity and future potential OEL represents the best value proposition it ever has done. Unfortunately I do not have the cash to buy more at present.
However as a long time subscriber to Peter Strachan's newsletter I was interested to see his shareholding disclosure for his OEL holding change from "modest holding" on 4/12/13 to "larger holding" on 11/12/13.
I have substantially increased my OEL holding in the last two years because among other things they are currently very well managed.
It is also nice to see an oil company analyst "put his money where his mouth is".
new presentation, page-8
Add OEL (ASX) to my watchlist
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $5.382K | 448.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 852085 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2189015 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| OEL (ASX) Chart |