Analyst sticks with Otto's empire

HARTLEYS analyst Simon Andrew says there is still a lot to like about Otto Energy, even with 4c per share in cash on the balance sheet after completing the Hawkeye-1 well and the junior's entry into Alaska.

After looking over Otto's September quarterly report, Andrew said the company was lining up its ducks in a row for a 12-month target price of 6cps, with key activities over the next six months


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