OEX 20.0% 0.6¢ oilex ltd

Excellent news but derampering continues, page-42

  1. 893 Posts.
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    Albright, like you it gives me no great joy to have been right. I sold my heads post initial good result 77Hand invested in the tails for the equivalent amount of shares. Sold those I think for a 50% loss after the dodgy reporting and updates post 78H.

    Got lucky again as I was going to buy back in the 2s if Oilex got that low..,and then the shocking news re Zeta. I thoughts 78 H looked a goer after the CR and maybe the Cambay field had another opportunity to show its true worth. The depressed oil/gas sector did not worry me in Oilexs case as their pricing for the gas at least was generously set by the government and they had a captured market to sell into.
    A crying shame. Hope against all hope that things can right themselves for you guys still anchored in Oex.

    VGLTAH
 
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