OEX 20.0% 0.6¢ oilex ltd

Ann: Share Purchase Plan - Notice under ASIC Class Order 09/425, page-8

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  1. 893 Posts.
    lightbulb Created with Sketch. 9
    What a weird CR. It is "anticipated" that flow results will be released prior to the closing date of the offer.
    Offer closes 12/12/14 or in 17 days time. 17/11/14 shut in commenced {25 day flow back & recording
    period} = 13/12/14 completion followed by analysis of data and further announcement. Talk about a rush
    to the finish line. I can't see how results, based on these time-lines could be out prior to the closing
    date of the SPP. Be plenty waiting until at at least the 11/12/14 to take up the offer I would have thought.
    And if no results prior to the close of the SPP? Pure punt from that point on. The only way this SPP could
    get away you would think is if ok/good results were released prior to SPP close.

    Interesting time line to say the least!

    GLTAH
 
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