OEL 0.00% 1.1¢ otto energy limited

The BYE solution, page-12

  1. 6,621 Posts.
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    Hi all, to clarify my #3 - I don't believe that a takeover is on the table. As others have stated, the top two shareholders have this one by the balls. Corporate activity doesn't necessarily equate to takeover. I was thinking more along the lines of a script based merger. On paper there is no real need for it at this point; but if management have growth aspirations then they can do it organically, or corporately through partnerships and acquisitions (as either the hunter, or the passive underling). I'm not saying that this is the case; but if a player with a better hand was looking to get in bed with us on a script based basis; then there is significant reason for the shareprice to be manipulated down as part of the bargaining process.
 
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