OXX 5.26% 3.6¢ octanex limited

Hi dangar,OXX "deserves" a lot of upside....Fact.As to the...

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    Hi dangar,
    OXX "deserves" a lot of upside....Fact.
    As to the capital structure,
    152m FPO.
    74m partly paid shares.
    A few million out of the money unlisted options.
    33m "rustee shares"...Could come in handy for future CR & somehow diluting JA's interest.
    Jeoff holds two thirds of the share capital.
    -----
    MC $32m without the OXXCB......$48m when OXXCB are paid up.....Looks cheap.
    Hope these numbers are correct...Earlier holders may correct if any mistakes.
 
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Currently unlisted public company.

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