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OEL - (Otto) Multi based, Gambling Stock.
Did a search an could not find it so new post, if there is one please edify me.
Looks great value and I indulged, just bought 50,000 of them.
FINALLY
Quote from RM Capital’s research note
“Otto is currently trading at an 84% discount to our base case valuation
of A$1.75 per share..... We consider Otto represents a compelling near
term investment”
Thank you.
Please visit us at our booth at the conference or website at
www.ottoenergy.com
for more information.
Last edited by tricha; 31-08-2009 at 11:07 PM.
Reason: Letters too big
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Some time ago I saw a valuation of round 70 cents, but weather it's 70 or 1.70 don't really matter, as in either case it is still seriously undervalued.
Disc: I hold
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The market is still waiting to see if they get the Argentine Leases.
The company seems to be all business but lots of patience required.
Cheers
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1,000 barrells a second and climbing
[quote=kura;167162 as in either case it is still seriously undervalued.
Disc: I hold[/quote
Clear as mud [I]-"The market is still waiting to see if they get the Argentine Leases.[/i]
The company seems to be all business but lots of patience required."
Absolutely patience is required and yes it is also extremely undervalued.
The management profile looks outstanding and if anyone knows it, Peter Strachan does.
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Member
[QUOTE=tricha;167208]
Originally Posted by kura;167162 as in either case it is still seriously undervalued.
Disc: I hold[/quote
Clear as mud [I
-"The market is still waiting to see if they get the Argentine Leases.[/i]
The company seems to be all business but lots of patience required."
Absolutely patience is required and yes it is also extremely undervalued.
The management profile looks outstanding and if anyone knows it, Peter Strachan does.
This is my first post have held these oel for eight months sold two thirds and hold same now 50000, also hold shg,esg,mpo,ady, got the bully from my brotherinlaw who's in the business in perth. Your onto it--argentina!!!!
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[quote=ronthepom;167225]
Originally Posted by tricha
This is my first post have held these oel for eight months sold two thirds and hold same now 50000, also hold shg,esg,mpo,ady, got the bully from my brotherinlaw who's in the business in perth. Your onto it--argentina!!!!
Have jumped in today, while all the stocks are taking a knock, interesting share esp, recently developments in Turkey & Argentina.
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Hmmmm Trading Halt....
Argentinian lease now resolved perhaps so we can drill that monster permit?
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Member
oel
I think this baby is going to party, heres hoping roll on friday.
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Member
oel
Hi Shasta yes i believe its looking good, agree with your comments, bought another 50k after i made that 1st post a couple days ago also another 50k-mpo today @19.5, pondering your ura ?
holding-shg-esg-mpo-ady-oel-lmp-pre
nzx--aia-nzo prc----
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