New Vid
Sergio points out how cheap Otto is
EV of only $18m for our assets
Otto Energy Discusses Their Stock Price
However I still maintain that the market is justifiably only prepared to assign value to our proved producing reserves, and not the proved behind pipe (GC21) and proved undeveloped (Lightning G#3 etc).
GC21 cost blowouts have actually destroyed shareholder value every time they attempt to get it on production, so far.
Lightning well G#3 (already booked as part of proved undeveloped reserves) is still up in the air as to when, if ever it gets drilled.
Directors are not buying on-market despite the companies own view of how crazy cheap the sp is.
All well and good if they can address these issues, and I'm not saying they cant or wont.
Just making the observation that given the past, the market wants to see the actual results from this mob, not maybes, before rerating the sp.
- Forums
- ASX - By Stock
- OEL
- OEL versus Other Oilers
OEL versus Other Oilers, page-57
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 7256792 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 572794 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 7256792 | 0.012 |
7 | 5272726 | 0.011 |
7 | 5739152 | 0.010 |
1 | 111222 | 0.009 |
2 | 250247 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 572794 | 2 |
0.013 | 6241931 | 11 |
0.014 | 5505255 | 9 |
0.015 | 4427000 | 7 |
0.017 | 378250 | 3 |
Last trade - 16.24pm 17/10/2024 (20 minute delay) ? |
Featured News
OEL (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online