Someone shot 20 million volts into the Oilex shareprice overnight and about time!!!
I think this is the case that the Cambay cartage Co ltd- Mujibar, Marvinder and now the young Manju are indeed (as indicated by others in the Tuk Tuk trade) looking to take 100x or so 10 to 14yo relatives out of the despair of poverty and into refurbished, heavy duty, tricked out Tuk Tuks. I understand the rush is on to flush out every Gujarat contractors wheel barrow to strip and gainfully re-purpose the wheels and axles onto Hydrocarbon transport dream machines.
While the recent dip was not a good thing to watch I think myself it is based on an impatient market expecting solid back up results and figures (still not getting them atm) after the bonanza news release in July. The drill was then hit by numerous small obstacles, all stretching out the final revelation of what I continue to believe is a high performance well. Ron is hitting each obstacle with a careful and deliberately methodical......and taking a few slings and arrows due to the speed not being a prime factor. I remain cautiously patient and positive.......roll on a sea change in positive sentiment.
I look forward to the SP smashing the 20c and 30c levels and not looking back - as Ron brings home the bacon!!
All in my humble opinion.
OEX Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held