OEL 15.4% 1.1¢ otto energy limited

otto energy bhp joint venture, page-4

  1. 215 Posts.
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    The problem is that Otto announced the deal to the market before it was finalised. Now Otto have to complete the deal and BHP don't, which puts them in a very powerful position. Companies don't normally announce farm-ins until they're finalised for that very reason.
 
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