OXR oxiana limited

oxr pe down to 34

  1. 1,820 Posts.
    Yes oxr is in a down channel, yes in short term it might fall back to 76c or 73c.

    But PE is donw to 34, EPS of 2.3, remember when oxr had a PE of 290 not so long ago,lol

    why sell now near its lows, we all know even the bears know but they dont say, that oxr is close to a bottom, yes it might be 73c or it might be 78c, but it all indicates it close, Placement was at 80c so fundamentaly, it shouldnt fall that badly below 80c.

    Im holding, and if it falls to 73c ill buy more.
    Up 1c today on ok volume of 6.3million.

    Great announcement could come any day, why sell?
 
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Currently unlisted public company.

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