Offers hopeful of August 29 close

THREE WA companies hoping to list on the ASX next month are due to close offers at the end of this week.

Oilex chairman Max Cozijn has reported good interest from mostly private investors in Queensland and South Australia, while Navigator Resources managing director Tom Sanders said interest was mixed, coming from brokers, small institutions and individual investors.

Meanwhile, Medec company secretary Lloyd Halvorson declined to comment on interest in Medec’s 50-cent-per-share offer.