It is sad, but indicative, that no-one has a comment to make in the last 7 days. it sends a clear message that if you do nothing for long enough, people lose interest.
It is also sad that most positions in companies are secured through luck rather than skill. OEX definitely fits that scenario because no competent person would be proud of drilling 2 wells in 4 years, produce nothing and still claim a huge reservoir.
Zeta and Magna must be seething, big investors usually show a lot of interest, why is nothing happening? if something is happening, why is it not made public?
There's not usually a conspiracy, so rest easy on that score. But incompetence is rife in many businesses, so be prepared to discover that the guy running the show doesn't know what he is doing.
Hopefully, both the big guys are shaking things up on the board, with some useful replacements pending.
OEX Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held
