OIP 0.00% 4.3¢ orion petroleum limited

WC,The problem with Octanex has been the valuation for the move...

  1. 781 Posts.
    WC,
    The problem with Octanex has been the valuation for the move across and the percentage that Albers is willing to sell down, which is 2/5 of buggar all.

    I would not be buying it unless he lets a bigger percentage go, it looks like a potential Listed Investment Company disaster which will trade at a discount to NTA becuase of the majority control but I might be wrong.
 
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Currently unlisted public company.

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