OXX 5.26% 3.6¢ octanex limited

sweepstake, page-59

  1. 2,603 Posts.
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    Answer = $0

    OXX also have a put / call option with NZO to carry them thru their full cost of Matuku 2 for an extra 5% interest.
    In other words, 17.5% / 5% = carry of 3.5 TIMES their costs. When was the last time you saw a small oiler do a deal like that? Market is asleep and a small number of holders are impatient / nervous. Crazy crazy stuff.
 
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Currently unlisted public company.

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