OEX 20.0% 0.6¢ oilex ltd

oex will fly today, where will it settle?, page-23

  1. 454 Posts.
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    If you think OEX could move up from here OEXO has to be your best choice. With gearing of 5:2 and a premium of only 1.5 cents (at .032 /SP 16.5). If SP has a modest rise to 18 cents then the options are worth .045 ( if retaining same premium) or 40% gain.
 
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Currently unlisted public company.

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