OXX 5.26% 3.6¢ octanex limited

Ann: Ophir Update, page-2

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  1. 2,603 Posts.
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    OK, sounds like the best outcome for OXX.
    Clears the slate, gives us cash back. Next question is what happens to the convertible notes.

    Likely to result in a MC multiples of current 'sky is falling' price.

    Back to explorer or maybe we should try and pick up some producing assets or buy into CVN, BRU or another oil hopeful?
 
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