Ann: 2014 Annual Report to Shareholders, page-14

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Joatmon

158 Posts.

19/10/14

00:34

Post #: 14145321
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Originally posted by Albright ↑

To be fair to RM his background is engineering so IMO spinning and PR is not what most engineers are comfortable doing. Have you watched some of the interviews RM has given about Oilex on youtube? Quite conservative in his expression and communication skills and likes wearing yellow ties! I agree it has hurt the share price with the problematic language used in announcements but I think there is a lot ridding on this proof of concept well to give out false information by pumping the share price on spin.

However one thing that troubles me about what Rusty was apparently told by Ron...

"also that they did not want the price to run way ahead of itself…."

What does that actually mean? Most companies would welcome a rising share price not to mention RM personally benefiting with his share of options and shares rising in value. It was a strange comment if it was true and may indicate there are some behind the scenes deals being discussed. I just hope smaller investors do not get a raw deal in this process as I am confident in this coming good but impatience will see smaller holders fleeced from their shares for whatever purpose. Much has been said about all the selling over the last few months but for all these sellers there are still buyers? You have to ask the question why are there still buyers if it is all doom and gloom for Oilex?

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I think Ron wants to keep the share price reasonable and in perspective - I applaud that,

OEX Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
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Ann: 2014 Annual Report to Shareholders, page-14

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Sales growth pushes Lovisa's fortunes (and shares) upwards

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

This biotech stock raised $11M in a risk-off environment. Its Alzheimer’s drug could change the game

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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