I sure wish my comments were not on the ball as I think 2015 has been worse than a lot of the commentators on this thread have predicted. Many of us should have listened more to Mandurah and Blackhat of where this was heading and saved ourselves from losing our shirts for those that realised loses.
OEX at 1.5 cents is effectively in a bankrupt state now with not much to look forward to in 2016 apart from legal action judement and possible divi up of the assets when RM finally accepts it is game over for OEX if he can't convince any more investors to inject more capital in this dog. It will take a new large cornerstone investors as sentiment is totally smashed with existing shareholders base to stump up more money.
Oil in free fall too with $40 not being the bottom. Maybe it will head lower to $20 so there maybe more pain for the share price for those attempting to pick the bottom of OEX at 1.5 cents. I am thinking half a cent or less is not out of the question now so even those buying at 1.5 cents could lose money if things take an even greater turn for the worse.
