OXX 5.26% 3.6¢ octanex limited

Nice bounce today in the OXXCB (400%). If the recapitalisation...

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  1. 2,603 Posts.
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    Nice bounce today in the OXXCB (400%). If the recapitalisation gets thru the AGM, the replacement shares will be worth about 3c. It should help make the stock more liquid and hopefully help get the FPO's up to a more sensible price. Hoping for around 10c by end of Jan (assuming oil is around $50 bbl).
 
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