OXX 5.26% 3.6¢ octanex limited

severely discounted....why?, page-6

  1. 9,660 Posts.
    lightbulb Created with Sketch. 145
    3500: Good to see you on this board. Regarding your objective to "....aggressively building it up" comment: Wonder how many OXX shares you are aiming at buying?! OXX stocks are trading in very small quantities normally and any big purchases (or sells) will move the OXX sp quite a bit (at least IMHO). Hence it might be difficult to "aggressively" build up your holding without paying up quite a bit?!
    IF Palta comes up negative, you might be in a better position to increase your holding in OXX substantially, as temporarily at least the OXX sp might retreat quite a bit. Comments welcome as usual.
    wasa
    P.S.: Naturally, IF PALTA comes up trumps (which OXX holders like myself are hoping for), then OXX's sp will rerate upwards quite a bit as well...
 
watchlist Created with Sketch. Add OXX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.