OXX 5.26% 3.6¢ octanex limited

GOWow !!!! 20c ...i'll be selling my car,house, ....even my wife...

  1. 580 Posts.
    GO

    Wow !!!! 20c ...i'll be selling my car,house, ....even my wife if that ever gets to that level.

    I always reliant on cash and OXX now is valued at cash of 32.5c

    Cue $15M
    Others 3M
    STO 7M
    OMV 0.8M
    Cash 23M

    Total :49M

    Cue could go up more as they have 3 exciting wells coming in end of next year. But having said that, i cant ignore the fact above are no so liquid investments. But yes would agree with you - under 50c the company seems cheap and a fair punt.

    Just my views ans stand to be corrected on these numbers

    Cam


 
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Currently unlisted public company.

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