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5.26% 3.6¢ octanex limited

re: Ann: Octanex Awarded 4th New Zealand Expl... Announcement...

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    78 Posts.
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    02/04/12
    15:12
    Post #: 9929741
    re: Ann: Octanex Awarded 4th New Zealand Expl...
    Announcement out that Winchester now not being drilled until at least March 2013.

    This news could drag the share price back for partly paid share holders hoping to cash-in before the final 10c is due in Dec 2012.

    I was a bit disappointed that CUE share price 'temporarily' dropped back to 26.5c at the time OXX divested their holding for the dividend payout. Those holders receiving cash suffered a 10% drop because of it. I would like to think it was due to a coincidence with the CUE announcement and not any sort of manipulation from those buying the shareholding.


    OXX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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