OEL 0.00% 1.3¢ otto energy limited

sells turkey assets for us$3.1mm..nice, page-3

  1. 502 Posts.
    3.1m seems cheap.

    dont know, why sell so cheap just when these assets start making money and paying back the investments - why do we opt out.

    strange decision. how much did they pour into this to get only 3.1m out of it?

    No way is this a good outcome. Someone has pounced on this opportunity. can't even drill an onshore asset in WA for $3m and this one is flowing straight into a gas network.

    Not a good outcome, and seems to be a divestment for divestments sake.

    SS
 
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