OEX 20.0% 0.6¢ oilex ltd

Yeah you are probably right about OEX coming up with the goods...

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  1. 1,815 Posts.
    Yeah you are probably right about OEX coming up with the goods but I think it will be well after they shaft the option holders. That Adams on LSE has some wild conspiracy theories about why OEX management have allowed the share price to be decimated to benefit vested interests.

    What I am wondering now is if they do not want option holders to convert where are they going to get their next round of funding? They have hired some new staff and Ron and other management will never accept a pay cut so where is the money going to come from as the market does not believe any of these stories of production or word semantics of cash flow neutral or positive?
 
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Currently unlisted public company.

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