OEX 20.0% 0.6¢ oilex ltd

Ann: Canning Basin SPA17AO - Conversion to Exploration Permit, page-27

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  1. 1,815 Posts.
    Another 440 million shares on the register IMO would bring that to over a billion shares on the register so the upside will be severely reduced it might be better to dump your money in BHP or WPL than support the SPP. At least with the others you are getting a return on investment through some divies where as OEX will ask you for more money in 6 months. Absolutely no buyers in OEX this morning such is the mood.
 
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