OEX 20.0% 0.6¢ oilex ltd

Ann: Financial Report for year ended 30 June 2016-OEX.AX, page-4

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  1. 1,815 Posts.
    I can't believe this stock is still listed on the market. I think most shareholders have resigned to the fact they have done their money on this dog and just wish it was put down now. As BH has stated only $5MM in the bank with excessive drawing downs on salaries it is only a matter of time until it is all over. The only thing that will save this is a credible funding source and management that know how to create value here. Without the secure funding and strong leadership to get things done this is just a fruitless exercise.
 
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