OEX 20.0% 0.6¢ oilex ltd

News: Oilex sees “significantly improved performance” in Cambay 77-H well, page-18

  1. 1,815 Posts.
    We'll if OEX can get out a somewhat good production test we may see the share price shoot up again which would give long suffering shareholders an opportunity to exit. In the short-term we maybe in for more pain as the AFR is reporting that oil is at a 4 year low. While this does not go well for oil sales it could present a trading opportunity as IMO the sell of is way over done with an element of fear on how RM is running things. Sentiment must turn around at some point!
 
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Currently unlisted public company.

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