OEX
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20.0% 0.6¢ oilex ltd

i think simply put Zeta weren't prepared to stump $9m for shares...

  1. spantrout
    122 Posts.
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    12/11/15
    02:55
    Post #: 16375368
    i think simply put Zeta weren't prepared to stump $9m for shares worth $6m (at that point) and have decided to default, perhaps on the basis that OEX may not have the stomach for a court battle

    either way it's a big nail in Ron's coffin methinks
    OEX Price at posting: 2.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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