OXX 5.26% 3.6¢ octanex limited

thoughts on recent announcements , page-6

  1. 3,072 Posts.
    Its still a bit hazy as to how many OXX script will need to be doled out to PKO holders. Currently it would be 1 OXX share for about every 25 PKO shares, that would be about 28 mil OXX shares, roughly, I think.

    PKO's South Block A in North Sumatra is a good project, OXX will fund it 2014 if deal goes thru.

    Deal looks messy to me, but OXX holders will get any upside from former PKO projects.
 
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