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Otto to raise $11m in placement for Philippines exploration

West Perth oil and gas exploration firm Otto Energy Ltd will raise $11 million through a placement to fund ongoing exploration and development of its Philippines assets, the company has announced.

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Otto Energy (OEL)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
60thOtto Energy159%9%
265thAlloy Resources25%-11%
555thTyranna Resources-19%-37%
679thLegacy Iron Ore-40%-41%
732ndKopore Metals-50%-73%
737 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

279th↑Legacy Iron Ore$38k
280th↓Tyranna Resources$37k
281st↓Otto Energy$36k
282nd↓Kopore Metals$36k
283rd↑Alloy Resources$35k
506 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Otto Energy

100thMatthew Allen$718k
674thJohn Jetter$112k
444thIan Macliver$85k
Ranked by total remuneration from all listed WA companies

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