OXX 5.26% 3.6¢ octanex limited

more than a fair punt?, page-2

  1. 580 Posts.
    GO

    Wow !!!! 20c ...i'll be selling my car,house, ....even my wife if that ever gets to that level.

    I always reliant on cash and OXX now is valued at cash of 32.5c

    Cue $15M
    Others 3M
    STO 7M
    OMV 0.8M
    Cash 23M

    Total :49M

    Cue could go up more as they have 3 exciting wells coming in end of next year. But having said that, i cant ignore the fact above are no so liquid investments. But yes would agree with you - under 50c the company seems cheap and a fair punt.

    Just my views ans stand to be corrected on these numbers

    Cam


 
watchlist Created with Sketch. Add OXX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.