1. Most Discussed
  2. Gainers & Losers
OXR 0.0¢

What are the OXR directors thinking???

  1. Whats all this rot about underwriting half the options due to expire in September??? They have entered into an agreement with a "broker" which guarantees they will get the 25 cents for 120 million or approximately half the options on issue. Now what does that tell you???
    Well to me it screams the belief that the Board considers the odds on OXR trading above 25 cents in September to be just about zero! They cannot have it both ways by suggesting they think the price will be above 25 cents yet as the same time enter into a sweet little side deal just in case.
    I hold OXR and am really annoyed. They have sent out the wrong signal. A lot of shareholders will read between the lines and conclude the obvious. Seems pretty obvious the share price will hit 25 cents and I attribute a lot of the blame to the knuckleheads running the company.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top