Brief: Otto Energy Initiates Formal Review Process To Evaluate Strategic Options
29/03/2023 01:26
March 29 (Reuters) - Otto Energy Ltd OEL.AX :
* INITIATED A FORMAL REVIEW PROCESS TO EVALUATE STRATEGIC
OPTIONS
TO MAXIMIZE SHAREHOLDER VALUE
* PROCESS WILL INCLUDE ASSESSMENT OF A POTENTIAL PARTIAL OR
FULL
SALE OF CO AND/OR ITS ASSETS
* INTENDS TO CONTINUE ONGOING INVESTMENT IN ASSETS TO
OPTIMIZE
RESOURCE RECOVERY AND VALUE
Source text for Eikon: ID:nASX8BGybd
Further company coverage: OEL.AX
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