acquires rio's 20%, page-40

Great long term move for OX, but sorry I can't agree with those that think the price will hold up over the next few weeks. Have a look at the recent effect of ANZ capital raising on its share price - the principles are the same. OX will reach low 80's - partly because the buying will come right off once the stock is ex-rights on Tuesday.

I will be shorting OX before Tuesday (ex-rights date) and holding short until rights trading ceases on 11 February. Then be time to go long, OX will rebound once rights trading ends.

Seen it so many times.....history will repeat IMO




Cheers,


Christian