OXX 5.26% 3.6¢ octanex limited

a tale of 2 companies oxx and whn, page-8

  1. 1,310 Posts.
    lightbulb Created with Sketch. 20
    Well said 34

    Hi Barry, i brought the admin cost issue to the WHN thread about a year ago, and everybody shot me down saying if you pay peanuts you get monkeys and so on blah blah.

    But it's something you should really put into perspective because it's cash burn. cash that doesn't really go onto directly enhancing SP or projects. it's one of the first things you should do when looking at speculative stocks. and it's so simple to check.

    34 sums it up beautifully

    FWIW my other favorite oiler runs <900k admin over 12 months

    GFLTA :)
 
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