OEL 7.69% 1.2¢ otto energy limited

What are the chances that a MAJOR shareholder wants to take this...

  1. 119 Posts.
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    What are the chances that a MAJOR shareholder wants to take this private?
    Keep price suppressed by not approaching instos (who have been burnt already) with a forward plan. (L3/4/5 for example)
    Keep the market uninterested by poor timed and substandard announcement's.
    Ill timed cap raise that destroyed the SP.... or was it?
    MB facility covenants that nearly sent the company under.... or did it?
    Ect
    Continue to reduce exposure to the downside by keeping small holders hopeful for a bright future until the stars start to align.... GC sorted one way or the other ect.

    Knight in shining armor comes through with a take over offer of say 1.7c, everyone is happy to near double their money / reduce losses at current price.
    Now a private oil company churning out cash with low risk plus upside for expansion.
    AIMO
 
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Mkt cap ! $57.54M
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1.2¢ 1.2¢ 1.1¢ $57.29K 4.787M

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No. Vol. Price($)
2 549479 1.2¢
 

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Price($) Vol. No.
1.3¢ 15958763 19
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