OEX 20.0% 0.6¢ oilex ltd

Ann: Investor Presentation - February 2015, page-4

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  1. 1,815 Posts.
    Well technically the stock is in a downtrend so for 5 cents to be achieved there would have to be some amazing news. As you would have seen by looking at the chart and comments on hotcopper many have been badly burned from the pump n dump over the last 6 months and dubious conduct of management announcements to market. However if you are new to the stock and can wait it out for years there is probably some upside if you can get a good entry point. The assets are good but current management are having a tough time pulling this all together hence the share price in the doldrums.
 
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