Australia's largest stock trading and investment forum Australia's #1 stock forum

OXX

Click for more information

5.26%

3.6¢ octanex limited

Up 40% today, page-10

First 10 Last

Share
Profile

Follow
Cheeky-Charm

428 Posts.

17/05/17

11:12

Post #: 24738522
Share
Originally posted by Crackity ↑

The official company answer - the bizzarre price behaviour suggests something is up....maybe it's a leak on the Malaysian side?

response to your query of 16 May 2017, regarding the recent price increase in the Octanex Limited (“the Company”) securities and increase in volume traded on 16 May 2017, we provide the following answers using the numbering in your letter:

The Company is not aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities.

Not applicable.

The Company can offer no explanation for the recent change in the price of its securities or the increase in the volume of securities trading on 16 May 2017. Octanex confirms no change to the Ophir drilling plans as announced on 9/5/17 (see attached).

The Company confirms that, to the best of its knowledge, it is in compliance with the listing rules and, in particular, listing rule 3.1.

Expand

How does a company NOT know how their stock went up 40% in a day? That's that bullshit.
OXX Price at posting: 8.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

HotCopper Highlights: Your most watched stocks for Week 48, 2024

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 7 more messages in this thread...

First 10 Last

Add OXX (ASX) to my watchlist