My intuition is telling me this is purely pre fracking de-risking. I think it will not last long and that as the frack starts in a couple days the fear will turn to optimism and the market will begin to look at the current pricing levels as too cheap and too pessimistic.
i am anticipating some big reversal days to push the price over 10p or 17+ cents in the next couple weeks.
One thing is it could move sharply in either AIM or ASX so you need to hold this rather than trade else it can get away from you easily. All in my opinion of course!
OEX Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held