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5.26%

3.6¢ octanex limited

Ann: Award of Drilling Rig Contract - Ophir Oil Development, page-7

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Crackity

417 Posts.

47

18/11/16

15:29

Post #: 20723324
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Originally posted by rivermore ↑

Crackity, such cynicism.
I did not buy them.
Am surprised that anyone is selling at the moment though, if the motion 12 goes thru, even with the 2 for 3 write back, they will still turn into FPO's worth 3c plus. If we're lucky, it might go even better, the FPO's are seriously undervalued IMO and as Ophir progresses, the opportunity is there for the company to establish a healthy cash flow and eventually start paying dividends. Geoff Albers is getting on bit so I think will be keen to get his favourite company into a better place.

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The was to indicate I bought them River- mind you I do find cynicism a plus not a minus in the spec end of the market!

Certainly no offense intended

And when I say bought I mean almost stole them.....

Last edited by Crackity: 18/11/16

OXX Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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