OEX 20.0% 0.6¢ oilex ltd

Ann: Trading Halt, page-29

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  1. 893 Posts.
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    Depends at what price they raise at and what discount {wwap} to the current SP. Last close
    was at 7c, maybe 5- 5.5c if they raise at a 20% discount?. SP in the great majority of cases always
    re-traces to the CR, especially in these markets. I doubt whether they will be raising at a premium.
    Would have been able to if flow results were above expectation, hence the negative outlook and the
    subsequent CR pre-results in my view.

    GLTAH
 
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