OXR oxiana limited

ox 4.00 and over, page-6

  1. 11,632 Posts.
    "what are the odds of a take over…?' Real good… so are many others

    “At what price”

    Your question is extremely hard to answer and it has so many variables as well even at the best, but let’s try with some real conviction. In the last month or so the OX’s best price in a happy environment at best has been $4.30 (the market is always right even when many think its not, if one is talking in the present) that’s what its worth now at best even with all that coming up in its future pipe line, we are talking if a take over was to happen soon. So let be kind and add a 25 to 30% premium that brings the price to $5.60 and that’s at a 30% premium. I can feel many all ready thinking no way it has to be more.
    Love to hear some other opinions on this
 
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