OEX 20.0% 0.6¢ oilex ltd

re: Ann: Cambay-77H Well 4 1/2 inch casing se... They might be...

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  1. 4,925 Posts.
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    re: Ann: Cambay-77H Well 4 1/2 inch casing se... They might be there at open given the drop on the AIM overnight. It is obvious it is an institutional investor doing the damage.

    At the end of the day disappointing, however unless the market has not been informed of some critical information to the likely well performance after fracking, I'm not overly concerned. At the end of the day the company and its assets dictate the value not some psycho fund manager wanting to ruin the market short term.

    Perhaps a clarifying announcement from OEX management might help to clarify any concerns as obviously the previous announcement was read as positive by most.


 
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Currently unlisted public company.

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