Wow !!!! 20c ...i'll be selling my car,house, ....even my wife if that ever gets to that level.
I always reliant on cash and OXX now is valued at cash of 32.5c
Cue $15M Others 3M STO 7M OMV 0.8M Cash 23M
Total :49M
Cue could go up more as they have 3 exciting wells coming in end of next year. But having said that, i cant ignore the fact above are no so liquid investments. But yes would agree with you - under 50c the company seems cheap and a fair punt.
Just my views ans stand to be corrected on these numbers
Cam
OXX Price at posting:
50.0¢ Sentiment: None Disclosure: Held
