OEL 0.00% 1.1¢ otto energy limited

re: sandy.. 20m share overhang NZCoaster , you are likley...

  1. 7,611 Posts.
    re: sandy.. 20m share overhang NZCoaster , you are likley correct , I was offered 'volume' (along with others) at 12.5c about a month ago but declined ... Im sure the u/w has 'cut his losses' and run away since ,,, the guys who picked up the stock are 'lobbing' now by the look (possibly same guys that issued the bullish report??)
    I was really amazed that the Co couldnt get its heavily discounted rights issue away ... especially in this market!
    Anyway , good luck to holders.

    SALTY
 
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