OXX 5.26% 3.6¢ octanex limited

Ann: Ophir Rig Mobilisation, page-11

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  1. 196 Posts.
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    River like me you are a long time holder. I think the documents you refer to are in the OXX website. The OXX financing re Ophir had nothing to do with Petronas. SIP provided finance to OXX and a consortium of banks funded the Malaysian OXX company's share of Ophir expenses. It will be interesting to see if the last lot of the convertible notes held by SIP are converted into OXX share's @ 25 cents. This may be the forecasted true value of a OXX share based solely on Ophir.
 
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