OXR oxiana limited

acquires rio's 20%, page-7

  1. SCD
    3,438 Posts.
    I would be astonished if there was a fall...everyone who has ever owned the mighty OX has been wishing for this day.

    Moreover, OXiana had hit a technical buypoint today - oversold - so without this news I expect a bounce...which I felt would have been helped by a bounce in gold price tonight in anycase...watch the eurusd cross rate..dollar weakening as we speak...and possibly some more scary news for the US$ later this week with 4-week jobless claims.

    No...I cannot see any reason why the price will fall back...but as there is a trading halt on until Friday, we will have to wait and see.
 
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Currently unlisted public company.

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