OXX 5.26% 3.6¢ octanex limited

Acreage these guys have is huge and they're also playing with...

  1. sle
    7,430 Posts.
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    Acreage these guys have is huge and they're also playing with the big boys with huge ramifications for the share price if successful. Do like their prospects though not a short term play unless you want the divvy aspect which could well increase given the CUE component. Already has gone (CUE) from 24 to 28 cents giving another 20%ish to the divvy assuming those levels.

    Tax incentive with the divvy must also be enticing a few to participate in the share price at the moment. Obviously management have a lot to gain from this but as a share holder we aren't doing too badly out of it either. Holding OXXCB.
 
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Currently unlisted public company.

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