OEL 8.33% 1.3¢ otto energy limited

when galoc phase 2 start up ?, page-14

  1. 173 Posts.
    Fitza,

    I agree that Otto is highly undervalued but please do a little research on assets of Swala and soon to be awarded licenses where they have different partners (Swala and Otto are partners only in K-K and Pangani licenses). Swala is undervalued at current SP and I am sure it will be a better multi-bagger than Otto on long term.

    I hold both Swala and Otto shares and they make my top two in portfolio, so if they out perform each other I would be more happy. IMO, SP of Otto is down mainly because of the negative sentiment surrounding in-clarity of SC55 license and if we have positive outcome on SC55, we are sure to double from current SP. From little trading experience I have, I believe that it is not just assets and what we produce that determines SP but sentiment towards a company (right now sentiment towards Swala is extremely +ve and Otto is not). Coming to your point, Otto Management have not marketed potential of EARS yet and are mainly concentrated in Philippines than Tanzania. On the other hand, I can point out many +ves for Swala other than K-K and Pangani and if you want to know more, please read Swala's thread (it is not a one shot wonder, has so many tricks up its sleeves to be multi-bagger). I appreciate your concern of Otto being undervalued but please do not under-estimate Swala as you either have not researched completely or neglecting the facts.

    Good luck and be happy always.!
 
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