OXX 5.26% 3.6¢ octanex limited

34232,there is not a shadow of a doubt that OXX is trading at a...

  1. 6,965 Posts.
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    34232,
    there is not a shadow of a doubt that OXX is trading at a tiny fraction of its EV....Almost at its cash backing.
    Unfortunately the market is not interested in(or does not trust) a security that is untradable & is controlled by a single individual.
    For OXX to get recognition & interet from larger players, Geoff Albers has to relax his grip on the company & introduce Instos & "sophs"
    This may happen later at a higher price....This is when the Trustee Stock will come into play.
    Untill then we will be caught in this liquidity trap & "depressed" SP that fails to reflect our assets.
 
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Currently unlisted public company.

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