I think PKO will now hold off until the end of May / June before any proposed merger with OXX.
OXX sp is currently high for what they have.
Their next quarterly report should show nett current assets of only around $10 million. The mkt cap is $26 million, and the best two projects are both held by PKO - Cadloe (proven reserve in which they would love to bring forward) and North Sumatra.
None of OXX come close to being a priority.
OXX recent proposed buy back is just a ploy to stop OXX sp dropping to a natural realistic level. IMO
At least PKO could sell down to Lion Energy or others.
I dont want OXX at 11.5 cents for their ordinary portfolio.
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33000 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 64711 | 1 |
View Market Depth
| Last trade - 10.04am 27/11/2024 (20 minute delay) ? |
| LIO (ASX) Chart |
Day chart unavailable
