OXX 5.26% 3.6¢ octanex limited

re: Ann: 2D and 3D Seismic Acquisition Contra... I find it...

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  1. 371 Posts.
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    re: Ann: 2D and 3D Seismic Acquisition Contra... I find it hilarious that OXX is valued at just over half of PCL, a company with large prospects but no cash at all.

    The funny thing is that OXX have a better track record of creating value for shareholders with similar upside, without the sovereign risk.

    Its amazing that OXX is trading at a negative EV, whilst PCL is trading at highly inflated prices given that holders will suffer significant dilution going forward; which is something we don't need to worry about with OXX :)
 
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Currently unlisted public company.

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