OEL 8.33% 1.3¢ otto energy limited

That's all fair enough and I have been buying a few Otto at...

  1. 8,954 Posts.
    lightbulb Created with Sketch. 65
    That's all fair enough and I have been buying a few Otto at these prices but as far as having to sell Nido to buy otto, never. IMO. Otto's potential upside from exploration over the next six months , Zero. Nido's upside from exploration over the next six months , significant. On top of that Nido is due to release further reserves which would gift them more than Otto, and from another location. As it stands at the moment in the next 6-12mnths Otto is and will remain a one trick pony. Nido will not. you don't have to look far on the ASX to find oilers with twice the market cap of Otto or Nido which don't produce a zack so on that basis they are still both undervalued. IMO only of course.
 
watchlist Created with Sketch. Add OEL (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $62.33M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $1.223K 100.3K

Buyers (Bids)

No. Vol. Price($)
3 1389827 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 2165482 6
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
OEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.