OXX 5.26% 3.6¢ octanex limited

special dividend, wow, thanks, page-9

  1. 1,764 Posts.
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    Of course this is madness. It is money go round.
    Smoke and mirrors.
    The real reason for the dividend is to raise money for the 10c call on the Partly Paids OXXCA at the end of the year.
    No prizes for guessing who had the biggest call and needed to raise the most
    With this trick OXX funds the call. No need to shake the piggy bank.
 
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Currently unlisted public company.

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