OIP 0.00% 4.3¢ orion petroleum limited

interesting afr article on albers and octanex, page-5

  1. 1,888 Posts.

    I havent read the article yet, but my understanding was that the capital raising required to list on the ASX is already complete. They raised a token $300K at 30c a share, oversubscribed. So there is no opportunity to buy in before the listing (unless you try and buy on the NSX at which they are selling between the 40-50c mark). I dont hold them but would be interested to see how they go. Earning a profit with good leases?
 
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Currently unlisted public company.

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