OEX 20.0% 0.6¢ oilex ltd

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  1. 893 Posts.
    lightbulb Created with Sketch. 9
    Cambay 8 weeks ago was worth $100m, it is now worth $40m. It could still end up being worth nothing.
    What Magna initially offered is irrelevant at this point, looked liked a good thing for Oilex that it was
    knocked back prior to the great ann of 21/7.

    Magna is now in the position of a lot of SH that could have sold at the 20c+ mark. What looked like
    a sound investment 8 weeks ago now sits on a knife-edge, just like the rest of us still holding.

    GLTAH
 
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Currently unlisted public company.

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