OXX 5.26% 3.6¢ octanex limited

let the games begin, page-13

  1. J8
    10,810 Posts.
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    If the heads hold OK on Monday ( and I see no reason for them not to ) rest assured the OXXCA's will get taken out . The Saipem 100000 drillship is probably parked on the spot and I gather we will get an update on Thursday .... Not much BESBS going on by the look . Similar volumes Monday and we should be at new highs .

    A jump on Monday and the OXXCA's will go straight back to where they were not too long ago ( before A1 failed ) IE high 40s . Well done Corporate for getting back circa 30c .

    You are so right about OXXCA ... 10c at the end of this year for the first instalment LOL . That is a quarter of the SP now but by Xmas , well it should be a tiny percentage . The value and risk here is excellent . The penny is starting to drop .

    As RAKS kept saying :

    2011 is THE YEAR OF THE OXX
 
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