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5.26%

3.6¢ octanex limited

Ann: Revised Ophir Development Approved, page-6

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sle

7,430 Posts.

58

17/09/15

11:35

Post #: 16009133
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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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Hi mate. You need to read the exact wording of the previous announcements! Key words basically say that the call can be made from this date, not that it has to be! Cheers.

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