OEX 20.0% 0.6¢ oilex ltd

Carmichael when giving and I mean giving shares to...

  1. 2,252 Posts.
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    Carmichael when giving and I mean giving shares to their"sophisticated" investors estimated that this would flow at 4 times the rate of 73 ie prorata for each fracture stage.
    Not sure how competent their OG people are but I am sure that we have to get the message to RM that we must be given the option to enter ahead of anyone else at the price placement if there is another CR
    Also option holders should be given an incentive to convert to prevent any further dilution
 
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Currently unlisted public company.

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