OEX 20.0% 0.6¢ oilex ltd

Oilex moving forward, page-40

  1. 2,252 Posts.
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    Grizzle
    If you are looking lse.co.uk I reckon 75% of posts are just meaningless babble.Regardless a quick takeover by Magna aint going to happen(see previous posts) and T/O need to be on terms acceptable to the majority of shareholders
    Share market manipulation babble there is endless without a shred of substantiation being produced.Was a time when it was all so Magna could takeover cheaply but after several weeks of Magna not getting one more share even the diehards must concede.
    This is a volatile share by its very nature and there are going to be fluctuations,People are nervous because they anticipated a result by now and a percentage will assume it hasn't come for some reason of trouble.
    Think you have to trust your own judgement and ignore the unsubstantiated twitter.Particularly ignore the endless gripes about how a "sell" should have a "buy" FFS every buy has a willing seller so it is not that important whether it is a buy or a sell.What is important is how much hydrocarbons are going to come out and how sustainable it is
    If you have heads converting them to options is an excellent way to derisk 90% without losing the upside.
    Must admit I would like to see the ann sooner rather than later but hey continous disclosure does not mean daily disclosure much as we would all like it to be so
 
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