OXX
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5.26% 3.6¢ octanex limited

haha not sure santos would buy us out... it would be nice but...

  1. kastin
    1,310 Posts.
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    14/05/13
    02:25
    Post #: 11759047

    haha not sure santos would buy us out... it would be nice but highly doubt it :)

    3:1 is a good price though, values oxx at $4 a share or 850 million mcap


    if there is gas in palta, it would be prudent for shell to buy us out at that level, it will save them a few billion if they get in early :) but nothing happens quickly in O&G
    OXX Price at posting: 24.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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