OEX 20.0% 0.6¢ oilex ltd

September Field Work, page-6

  1. 1,815 Posts.
    The market is acting like the Zeta deal has fallen over and OEX has no funding to complete this next stage although it was good to see the share price recovery from those lows. Maybe it is just bad memories from Ron using Darwin last year that is forcing people to dump stock on no fundamental news unless bad news is leaking that the market does not know about. I am trying to rack my head of possible bad things to happen and I can only think of the possibility of delays or them not achieving cash flow positive status, not a new revelation for spec stocks.

    Joatmon I am sure Ron has an air-conditioned office on site and has a team of workers doing the hard dirty work. Yes I agree he should be doing the work but there needs to be a balance with timely updates when appropriate to the market or people lose interest.
 
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