OXX 5.26% 3.6¢ octanex limited

Ann: OPHIR OIL DEVELOPMENT PROGRESS UPDATED PRESENTATION, page-4

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  1. 1,764 Posts.
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    "However, someone thinks it's worth 10c, because that's what they're asking for on the market."

    Thanks Dangar, however I'm not sure that it necessarily follows that the vendor thinks that it is worth what they are asking.
    Maybe the "bigger fool theory " is more applicable.
    It being worth what some fool is prepared to pay?
    Lol.

    We continue to be pretty much in the dark. In fact I don't think we will have much idea until the receipts roll in.
    Until then it is largely an act of faith.
 
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