OEL

9.09%

1.2¢ otto energy limited

I think any CR will occur in 2H 2017, if/when they commit to...

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ronstieb

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17/03/17

11:39

Post #: 23427582
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Originally posted by ecneitap ↑

I hope you get a Disallowed or better on it one day Cara . Not sure why you would want to buy more with you already owning bucket loads, but each to their own investment decisions !! On another note, the more people talk capital raising the more logical it sounds and I'm starting to wonder if this is what is strongly capping price now below 3.8c . Lets face it, any capital raising is likely to be at a 10% discount ( issuing about 10% more shares) so even if it was announced today, it does put a mini double bottom 3c price point back on the table shorter term. My next question would then be, will they offer it to shareholders or just sophisticated investors ? There is a cut off percentage of shares that can be issued on the side without shareholder approval so I'm starting to wonder if this is what is already going on behind the scenes to get the extra 5m + into the kitty with a minimum of fuss !!!?? The capping I'm seeing here is unusual yet what I've stated would at least be a logical short term reason for it happening. E.

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I think any CR will occur in 2H 2017, if/when they commit to B/Peak (USD6m net) and assuming they are committed to SM71 development option (USD9m net).

A positive result (not guaranteed) at IW2 around mid year might help OEL's sp and any CR...

OEL Price at posting: 3.3¢ Sentiment: Hold Disclosure: Held
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Last 1.2¢		Change 0.001(9.09%)		Mkt cap ! $57.54M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$1	92

Buyers (Bids)

No.	Vol.	Price($)
7	5214781	1.1¢

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Price($)	Vol.	No.
1.2¢	960978	4

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No.	Vol.	Price($)
6	3214781	0.011
12	18687452	0.010
1	100000	0.009
3	370247	0.008
2	550000	0.007

Price($)	Vol.	No.
0.012	411284	3
0.013	8747894	12
0.014	12096952	12
0.015	4127000	5
0.016	714285	1

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I think any CR will occur in 2H 2017, if/when they commit to...

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I think any CR will occur in 2H 2017, if/when they commit to...

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