Hartleys Research has a “speculative buy” on Otto Energy, with a target price of 13.7¢ a share after it announced the sale of the Galoc production asset.
Hartleys Research has a “speculative buy" on Otto Energy , with a target price of 13.7¢ a share after it announced the sale of the Galoc production asset.
Sales proceeds will be used to pay a capital return and fund exploration.
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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.
