Is that actually possible Boom? Never seen it happen in my...

Is that actually possible Boom? Never seen it happen in my experience. If it were possible I would look at buying back in, probably 6-9 months down the track once all the dust & CR's are out of the way. It was painful selling
these ones at a loss, can't possibly see in a pink fit, Oilex's SP over the 15c need to exercise them come Sep
15. Sep16 I would be very interested in. Once again, poor form from Oilex with the current SP being offered with
NO additional options to subscribers-- a 20% "discount" in this market means nothing. It's already been pummeled more than that pre vwap. What they could have offered {as they did in one of the Cr';s and I duly signed up} was free attaching options. At least that's some sort of insurance against a plummeting short term SP.

Oilex could be facing the prospect of the current SPP being undersubscribed. The 2c valuation I gave the
company 1-2 months before the recent 77H production test results is looking ominous if the SPP fails to
deliver. I don't think it will fall that low if the SPP succeeds. At least management had the integrity to release
the results on 77H prior to the closing date. Whilst I didn't agree with the tenure of the announcement, I
commend them for that.

Management under severe pressure at the moment. Magna should force their hand and take them
over if they still believe in the asset. They will never get a better opportunity over the coming months,
valuation wise.

But by all means, give me 1 attaching option for every share purchased with expiry Jan 2017 and I
would seriously consider the offer.

GLTAH.