OEX 20.0% 0.6¢ oilex ltd

Looks like you were right Mandurah on your calculations earlier...

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  1. 1,815 Posts.
    Looks like you were right Mandurah on your calculations earlier this year that OEX would be worth around 2 cents. Not quite there yet but this must looking very close to the bottom. If they get their fracking ratios right this time it should run up hard although I expect heavy resistance closer to 10 cents now. Expectations are lowered because of the greater dilution and bearish state of the broader oil/gas markets.
 
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