OXR oxiana limited

merger approved, page-14

  1. 2,012 Posts.
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    Berretta, you said "there are a number of leveraged positions being sold out on ZFX as it is the last day--cant repeat on Monday-false situation.." I agree entirely and if you examine the trades on ZFX first, then follow the action on OXR immediately after, you see that it is individuals selling ZFX on the last day, and directly related action in OXR (selling down to arbitrarged sp - the instos are having a field day!) I reckon the ZFX action will dry up in the last hour anyway, and OXR will come back before the close. The instos will certianly be active in the last hour in a situation like this. Any guesses for OXR closing price today?
 
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Currently unlisted public company.

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