Paul Moore's exit from Otto may or may not be a good thing.
In hindsight, looking at some of the deals that have been put together in the last few months ( sale of Edirne and Argao etc. at seemingly bargin prices) and the seemingly lack of good communication with the market on progress of developments, perhaps Mr Ian Boserio, who Otto endorsed to " provide assistance to the management team and new CEO where necessary to further ensure successful business delivery," is in fact a good move.
On checking out his past and present performance here (http://www.linkedin.com/in/ianboserio) it would seem that he may have a very good understanding and the track record required to help direct Otto throughout any developement level needed.
And being a team type person, he may employ the right people who have any skills that he might be lacking.
Who knows, his expertise and understanding of what has been happening at Otto ( bear in mind he has only been with Otto since Sept 2010) may have caused a few waves.
However, Otto prospects regarding SC55 seem to be getting better and better, and perhaps we receive see some news about Duhat 1, shortly.
IMO. DYOR
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Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
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12 | 10695005 | 0.011 |
18 | 23107452 | 0.010 |
5 | 6792000 | 0.009 |
5 | 595371 | 0.008 |
Price($) | Vol. | No. |
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0.014 | 4915902 | 10 |
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