Kevin Small Acquires 2,325,378 Shares of Otto Energy Limited (OEL) Stock

Otto Energy Limited (ASX:OEL) insider Kevin Small acquired 2,325,378 shares of the firm’s stock in a transaction on Friday, April 12th. The stock was purchased at an average price of A$0.06 ($0.04) per share, for a total transaction of A$130,221.17 ($92,355.44).

Kevin Small also recently made the following trade(s):

  • On Monday, April 8th, Kevin Small acquired 5,674,622 shares of Otto Energy stock. The stock was purchased at an average price of A$0.06 ($0.04) per share, for a total transaction of A$312,104.21 ($221,350.50).
  • On Wednesday, February 20th, Kevin Small acquired 926,043 shares of Otto Energy stock. The stock was purchased at an average price of A$0.06 ($0.05) per share, for a total transaction of A$59,266.75 ($42,033.16).

Shares of OEL stock opened at A$0.06 ($0.04) on Wednesday. The company has a debt-to-equity ratio of 25.85, a quick ratio of 1.24 and a current ratio of 1.35. The firm has a market capitalization of $105.02 million and a price-to-earnings ratio of -56.00. Otto Energy Limited has a fifty-two week low of A$0.03 ($0.02) and a fifty-two week high of A$0.08 ($0.06).

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About Otto Energy

Otto Energy Limited, an oil and gas exploration and production company, explores for, develops, and produces oil and gas primarily in North America. The company's principal projects include its 50% interest in the South Marsh Island 71 project, which covers an area of 12.16 square kilometers; 45% interest in the Bivouac Peak project covering an area of approximately 11.04 square kilometers; and 50 % interest in the VR 232 project covering an area of 18.31 square kilometers.

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