Ann: OXX: Takeover Bid Lapsed , page-4

Very pleased that the bid has lapsed.

The last thing that I wanted was for OXX to issue more shares and dilute its potential. I don't think much of OIP's assets and OXX did not need the cash. It was only ever about foiling the GGX merger scam.
Geoff called their bluff. Good job. Followed some of the comment on the OIP thread. It was mostly negative about the offer and OXX. When someone suggested that the offer was worth considering because of the OXX potential they seemed to be shouted down.
Admittedly I'm am biased but I think that OIP shareholders have missed a huge opportunity, a get out of jail free card. Maybe it would never have gone ahead irrespective, but OIP shareholders, I believe, couldn't see the wood for the trees, as least not the ones commenting on this forum.
OIP shareholders seem to me to have been poorly served by their directors/management. It will be interesting to follow the fortunes of OIP and see who was right, only time will tell.