OXX 5.26% 3.6¢ octanex limited

Ann: Project Finance for Ophir Development, page-28

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  1. 603 Posts.
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    Crackity

    Picked up some oxxcb myself this week, at 3.2 and the last today.at 3.4

    missed my chance for more today went quicker than i thought, so a bit of interest around or maybe just you and me. Not so much interest in the fully paids, so far IMO the buy back has been counter productive as no one has confidence in buying without the company buying at these levels. If the company starts buying I believe others will see that as a bottom and be prepared to get in. Might be wrong.

    I don't think this will be a bust, management far too wise and plenty of acreage to monetize or farm out yet.

    Leave some cb's for me.

    Wassa.
 
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