Yes our "Uncle" is certainly handing it out.Whoever has heard of a spec stock paying two tax free dividends in six months.Perhaps Albers has heard of some tax changes being proposed for the May budget or the large holders are looking for some return after seeing OXX fall from 50c at the end of 2010 to 17c a year later.In any case the share price of OXX never reflected the value of the share portfolio and OXX is fortunate to have the ability to distribute the shares in the proposed manner.
OXX Price at posting:
22.5¢ Sentiment: LT Buy Disclosure: Held