OXX 5.26% 3.6¢ octanex limited

(Current share price 4 cents) From the quarterly: The board...

  1. sle
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    (Current share price 4 cents)

    From the quarterly:

    The board remains committed to fiscal discipline
    and, in order to reduce outgoings, the directors
    committed during the quarter to reinvest a large
    proportion of their directors fees in new shares of
    the Company at a price of $0.10 per share, so that
    this aspect of Octanex’s outgoings remains largely
    cash neutral.
 
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Currently unlisted public company.

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