OEX 20.0% 0.6¢ oilex ltd

Looks like OEX management have officially screwed over option...

  1. 1,815 Posts.
    Looks like OEX management have officially screwed over option holders now. IMO this raising has been put together in a very sloppy way by not even giving participants any new options in the the 4 for 1 offer. It really speaks volumes of how this mob treat shareholders with contempt. It wouldn't surprise me if the share price even falls below the 4.1 cents now. The only positive could be a potential pump n dump from 4.1 cents for those with deep pockets and patience but with so many other lucrative offers on the ASX many investors should question if OEX is a lost cause with this raising little more than to fund managements largess salaries under the guise exploration/production for another year.
 
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Currently unlisted public company.

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