I haven't read all the posts but if you look at Mr Fraser's LinkedIn profile you'll see "I remain a shareholder of OIL stock" after he correctly points out how he turned the company around.
His resignation, if that's what it was, would have been as the result of not seeing eye-to-eye with either the Chairman or the majority of the board, or both.
I'm increasing my stake at what I consider a discounted price (anything under 10c) and I'll be supporting Mr Fraser as he's brought a clear, commercial vision into the equation. And at this stage that's exactly what's needed.
I fear the chairman and board see OIL as jobs for life. My take? When CZM gain CE and FDA approval, with a pipeline of sales, will they leave their reputation, patents and licences in the hands of some Australian beakers in sh*tty little offices in Mulgrave, Victoria? I don't believe so.
Germans simply don't have that good a sense of humour.
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $23.08K | 143.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 49548 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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16.5¢ | 73836 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 100000 | 0.040 |
1 | 23529 | 0.034 |
1 | 63140 | 0.033 |
1 | 25000 | 0.024 |
1 | 60000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 20000 | 1 |
0.045 | 93965 | 2 |
0.048 | 100000 | 1 |
0.049 | 225000 | 1 |
0.050 | 87172 | 3 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
OIL (ASX) Chart |