OEL 0.00% 1.2¢ otto energy limited

Looking back at the GC21 acquisition, they needed to dangle a...

  1. 8,930 Posts.
    lightbulb Created with Sketch. 543
    Looking back at the GC21 acquisition, they needed to dangle a carrot to get the CR over the line that would payback Molton for the C/notes. In hindsight, one could suspect that the perceived economics of GC21 might not have made the grade otherwise.

    I do hope they're being picky this time. Better to do nothing than destroy more shareholder wealth with another unnecessary risky project.
    2 edged sword on the improved oil/gas price. We get more $$ for our production, but the price of potential acquisitions also goes up ?
    Last edited by ronstieb: 24/05/21
 
watchlist Created with Sketch. Add OEL (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.000(0.00%)
Mkt cap ! $57.54M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $9.434K 786.1K

Buyers (Bids)

No. Vol. Price($)
4 2365954 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 4046353 6
View Market Depth
Last trade - 10.06am 25/07/2024 (20 minute delay) ?
OEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.