GULF of Mexico-focused Otto Energy has completed the placement and institutional component of its entitlement offer, and saw a saw price drop of close to 40% this morning.
Welcome Motto Energy? Existing shareholder Molton takes lion’s share
The placement raised A$1.3 million through the issue of approximately 231 million shares at 0.6 cents per share. The institutional entitlement offer raised a total of $6.4 million through the...
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