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20.0% 0.6¢ oilex ltd

It could take 6 months for the oil price to bottom out . I'd...

  1. striebs
    1,722 Posts.
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    18/12/14
    12:33
    Post #: 14480709
    It could take 6 months for the oil price to bottom out .


    I'd rather they reduced interest in Cambay (as they originally tried to do with Magna) rather than dilute the whole company .

    There are hidden costs to issuing so many shares - they eventually end up in the hands of predators making companies susceptible to hostile takeovers .
    OEX Price at posting: 5.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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