OXX
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0.00% 0.6¢ octanex limited

I believe the 33m Trustee Shares is to enable Oxx to raise funds...

  1. camry
    580 Posts.
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    14/01/13
    12:07
    Post #: 11286075
    I believe the 33m Trustee Shares is to enable Oxx to raise funds from time to time for the benefits of its members which is you and me. These shares will rank equally with the existing ordinary shares.

    So if Oxx ever needs some cash, oxx will ask the Trustee to sell the shares on-market.



    OXX Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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