As you say GA needs to "act in the interest of all shareholders". What is in the best interests of 'all' shareholders is often moot. In my opinion we do not need more 'investments' or acreage. I would be happy to see how what we have pans out. We have a number of potential 'elephants' in the pipeline most free carried. This stuff like Goldsborough at this stage is only dilutionary.
Geoffs recent forays using OXX's cash have not produced much value too date. The only one I would endorse would be buying more CUE which at prices a few weeks back I consider a no brainer.
There are a number of other unlisted Albers Group entities that Geoff may wish to fold into OXX???
First Strada, now Goldsborough, next .....
OXX Price at posting:
27.5¢ Sentiment: None Disclosure: Held
