OXX 5.26% 3.6¢ octanex limited

I agree. Bugger all volume though. Don't forget mid May there...

  1. 196 Posts.
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    I agree. Bugger all volume though. Don't forget mid May there was an intra-day high of $0.145 but sales for that day were only approx 450k. Traders that purchased during the Winchester discovery at prices upwards of $0.40 are still hurting big time when the share price today is $0.09. Holders that purchased with weighted averages of less than $0.04 are looking ok. So it just depends on your purchase price. But all holders are no doubt benefitting from the change of strategy by OXX and look to benefit even more as production draws nearer with Ophir oil. We hold tight re Ascalon as the time could well be right for development of the gas but first we need the Retention Lease. If the application is successful, hold tight as the big players would come circling.
 
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