OEX 20.0% 0.6¢ oilex ltd

Ann: Cambay-77H Well 4 1/2 inch casing set and ce, page-17

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  1. 332 Posts.
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    re: Ann: Cambay-77H Well 4 1/2 inch casing se... Anyone seen Rons interview with proactive on youtube http://www.youtube.com/watch?v=H6nP6G89IBU ? In it he says "in the oil game everything is up for sale" or something like that.
    Which brings me to the possibility that a takeover could be on the horizon. Mitsubishi and Conoco Philips are in the Canning area, one farmed in with Buru for $150m if I am not mistaken. That is 3X Oilex mc. Hmmmm what would we do if we had the money and saw potential in Oilex. Farm in or buy it out????
    Volume on AIM has been astronomical. I smell a rat. ASIC should give them a speeding ticket and ask for what reasons has the share price fallen so much. I believe a takeover offer is on the cards with only 650,000,000 shares on the table. 21,000,000 was traded on AIM last night.
    Any comments would be appreciated.
 
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