OXX 5.26% 3.6¢ octanex limited

crackity, You were spot on about the "non" call on the partly...

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  1. 271 Posts.
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    crackity,
    You were spot on about the "non" call on the partly paids. I find this unbelievable.
    If. as you say, Albers is a substantial holder of the partly paids, surely this is a blatant conflict of interest situation.
    In all my investing experience, if pps are out of the money at call date, that is the end of it, they lapse.
    I find it hard to believe the regulators allow this sort of thing.
    pargolf
 
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