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20.0%

0.6¢ oilex ltd

oexo options a bargain and way undervalued, page-57

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boom or bust

1,065 Posts.

32

31/07/14

14:11

Post #: 13746359
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Originally posted by Windsor76 ↑

With OEXO down 17% one would have think the bottom has fallen out of OEX but not so at this stage. Am almost certain now that there is a rather large holder (who received free options) getting out with profits of between 37/50%. Every time a small order goes through the seller is back in at any price. If I am correc,t will be very interesting to see what happens when the selling order is completed. More so if OEX comes up with reasonable results which does seem a good possibility. Notice announcement that quite a large parcel of options have been converted.

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The way i see it...the fully paid only have to go back to 19.5 a rise of a mere 5%...for my purchase of 258000 options at .036 just then to rise 20%....so i swapped some heads for tails...hoping it was a good move GLA.

OEX Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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