OEX 20.0% 0.6¢ oilex ltd

News: Oilex completes shut-in test at Cambay, page-4

  1. 1,815 Posts.
    I have sometimes contemplated doing that setting up a publicly listed company and paying myself a cool quarter million dollars and doing bugger all and asking holders to contribute more money without anything in return. So many penny dreadfuls are doing that to holders with the regulator turning a blind eye to this dubious behaviour.

    Got out my package in the mail today but I really don't know if it is worth the trouble now that we are at 5 cents. 20% discount may have the issue around 3 cents the way things are going. I thought when we have a SPP we often get a pumping in the price before the dump. It looks like the dump has started early which maybe more about sentiment about what could go wrong in the next 7 days!
 
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Currently unlisted public company.

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