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5.26%

3.6¢ octanex limited

They have been extended once before by the Directors and Mr...

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Crackity

417 Posts.

47

17/09/15

11:19

Post #: 16008969
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Originally posted by pargolf ↑

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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They have been extended once before by the Directors and Mr Albers is also a huge holder of the fully paids - the partly paid shareholders have put 15cps into the company - I'm good with them staying in for the ride!

Best wishes

OXX Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
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