OEX 20.0% 0.6¢ oilex ltd

Well a positive legal outcome for OEX would mean a gain of 100...

  1. 1,815 Posts.
    Well a positive legal outcome for OEX would mean a gain of 100 to 200 percent from these levels IMO. The company is priced to fail at the moment so any inclining that things will turn positive is a calculated gamble. The problem though is the share price has been hammered so much even if it got up to 3 cents again or even 4 cents it is likely there will be heavy resistance at these levels as those caught holding this mess above these levels attempt to get out.
 
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Currently unlisted public company.

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