News: Oilex sees “significantly improved performance” in Cambay 77-H well, page-29

Well the eventual Capital Raising is going to reveal how RM is playing this and who he is really looking after. For everyone's sake I hope it happens after commercial flow rates are announced when there is a spike in the share price. The way the share price is going almost down 5% everyday a capital raising announced now will likely be very low price to the current market price. I sometimes wonder if we are all getting played and the share price has been driven low to benefit Magna in taking over for next to nothing. The way things are going I bet if Magna offered everyone 10 or 15 cents today they would take it just to get out such is the mood. The LSE forums are awash with conspiracy theories of what deals are being done behind the scenes by large holders close to Ron and his mates! I wonder which one will become a reality.