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Otto’s SM 71 platform is generating $US3 million per month in free cash flow.

Otto raises $20m

Otto Energy has tapped investors for $20 million, with the proceeds set to be spent on drilling programs across the company’s projects.

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Otto Energy (OEL)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 30/08/19

1 year TSR5 year TSR
168thJupiter Mines33%
187thMatsa Resources28%-4%
283rdTriangle Energy Global9%30%
534thOtto Energy-28%2%
736 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/05/19
$95k Issued
01/05/19
$167k Issued
01/05/19
$2k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

58th↑Jupiter Mines$14.9m
59th↓Triangle Energy Global$13.8m
60th↑Otto Energy$13.0m
61st↑Matsa Resources$11.7m
62nd↑India Resources$11.4m
487 listed resources companies ranked by revenue.
Source: Morningstar

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