OXX
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5.26% 3.6¢ octanex limited

oxx overpriced to the max

  1. Wild Bill
    1,190 Posts.
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    12/12/13
    05:51
    Post #: 12689905
    I reckon if Matuku comes up with negative news, the mkt cap will fall to $12 - 16 mil above the cash holding of around $18 mil.

    So a total mkt cap of $30 - 34 mil. MAX

    With the chance of success of Matuku being 1 in 10 - 12, the current Mkt cap is very high indeed.
    OXX Price at posting: 20.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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