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Otto Energy to source $15m for drilling

West Perth based Otto Energy Ltd are planning to raise $15 million to fund drilling preparations, site surveys and costs associated with its two permits in Po Valley, Italy.

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Otto Energy (OEL)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
241stOtto Energy6%1%
370thBuru Energy-11%-29%
481stCape Lambert Resources-28%-27%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/08/18
$127k Issued
29/08/18
$35k Issued
29/08/18
$4k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

57th↓Otto Energy$13.0m
58th↑Buru Energy$12.7m
61st↑India Resources$11.4m
62nd↑Cape Lambert Resources$11.3m
509 listed resources companies ranked by revenue.
Source: Morningstar

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