OXR oxiana limited

who will they takeover next

  1. 26,668 Posts.
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    My thoughts are AQD
    Oxiana is their major shareholder now, and knowing OH (Owen Hegarty from Oxiana their MD) as I do, I think they will assess the drilling results coming on stream from now on and if anything is positive then takeover the company.
    Only 122 mill shares on offer with AQD, so even at $1 that’s a 5 bagger from where it is now, and petty cash for Oxiana, but it divests them into products they don’t have at the moment like nickel, iron ore and Uranium, and area in Australia.
    DYOR but aqd could be worth taking a punt on

 
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Currently unlisted public company.

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