OXR oxiana limited

This is my first post here. I owned shares in both companies,...

  1. 82 Posts.
    This is my first post here. I owned shares in both companies, but can't believe the share price chart. Can the company buy its own shares on the quiet without making any announcement about it ? They are certainly cheap, so it would be money well spent.
    At this price they have to be rated a buy. The share price has gone down to such a low level you would think the company is heading towards bankruptcy...ridiculous !
    Maybe the whiff of the company going on a $4B acquisition spree has spooked shareholders. I certainly do not like the idea of borrowing money, something that has not been done before by Zinifex anyway (not sure about Oxiana).
    But share buy back....I like that idea.
 
watchlist Created with Sketch. Add OXR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.