OEX 20.0% 0.6¢ oilex ltd

Ann: Operations Update, page-7

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  1. 1,815 Posts.
    Well OEX have not done anything yet so I can't see how the next works program has only correlation to 77H yet. In actually fact I think holders should be thankful they are taking their time as an positive announcement now would be lost in all this broader market turmoil. We are now at 3.5 cents when the capital raising was done at 4.1 cents and IMO we are heading into oversold territory all because the market does not trust OEX management. If OEX dips below 3 cents I would seriously consider topping up.
 
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