Bit of a laugh. Don't have detailed analysis but appears that today someone sucked up everything up to and including those at .22 then got it sold back to .18 which is below cash and near cash backing. Someone's not stupid. Two, likely three free carried drills this year, one probably a 'given' matter of 'just how much gas' and below cash and near cash backing. 'No brainer'. Near cash is CUE which is a good story in it's self. To cheap, you bet. Been looking at MOG? Some one has been quietly sucking them up to at .027. MOG is a 'sleeper'. Not much cash but sitting on some valuable assets in strategic locations. Scheme coming up ?? Me thinks Geoff is not sitting on his hands?? Just when you think every one is asleep.
OXX Price at posting:
18.0¢ Sentiment: None Disclosure: Held