OEX 20.0% 0.6¢ oilex ltd

It's good to see that management are cognisant and compliant...

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  1. 1,409 Posts.
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    It's good to see that management are cognisant and compliant with their reporting requirements.

    Sure, we'll be in for a some bouts of zig days ahead - a dead certainty for minnow oilers - markets don't move in strait lines etc blah blah.

    But if you hold the view that the short/medium term outlook is positive (pending drill/flow test results), then the odd zig days provide technical relief and buying opportunities (as per Shipstern).

    However, we should never forget the unforgiving nature of markets to slaughter small O&G failures and the need for immediate action to save our bacons.
 
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Currently unlisted public company.

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