OXX 5.26% 3.6¢ octanex limited

omv/eni, page-7

  1. 251 Posts.
    Nice one Dexter ...... at the moment, cash on hand $30M + 15M (Investments) + $18M Forgone cash from ENI/OMV) less $0 Debts = $63M. OXXs current market cap approx $70.8M. So theoretically, one could acquire OXXs 11 valuable offshore permits for 7-10M (less the cash).

    Is there something missing here ?
 
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