OEX 20.0% 0.6¢ oilex ltd

Well if we want to talk facts the market has overwhelmingly...

  1. 1,815 Posts.
    Well if we want to talk facts the market has overwhelmingly rejected OEX last announcements about Cambay. Current share price of 5.1 cents with a market cap of around 30 million which could go lower. Like a Nigerian Scam nobody believes a word that RM is telling the market apart from the rusted on who are not clued onto their tricks to fleece you from your money.

    What a disaster this has been for holders that have entered above the current price and now we await the outcome of the dubious SPP. Maybe we will see another 20% destruction in the value of this company. It will be very interesting to see whether we will see more selling once these new shares hit the market for a small profit or if investors will hold onto them.
 
watchlist Created with Sketch. Add OEX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.