re: Ann: OXX: In Specie Special Dividend of C... Entropylord,
this is a long shot but what if this take over business is related to Woodside Petroleum (WPL) and the Caterina prospect off WA?
Maybe the seismic shows a very good lead and CUE directors are protecting their interests in the event that WPL make a play for the company. Who knows what data these guys have and what it shows, maybe its much better than first thought?
The recent OXX release of shares onto the open market could be a ploy to increase the available stock for a take over offer?
I know this is all speculation but anything is possible and i still dont see why OXX would mention take over for CUE in their recent announcement but nothing for OIP.
Time will tell, i am still holding through to Caterina.
JW
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