OEL 8.33% 1.1¢ otto energy limited

Ann: Trading Halt, page-56

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  1. 6,352 Posts.
    lightbulb Created with Sketch. 62
    It would be a large CR to pay off the notes (AUD12m), plus a farmin $$??, plus $5-10m to shore up the balance sheet.
    Timing doesn't seem optimum for an equity raising. Hope the details prove otherwise.
 
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