OEX 20.0% 0.6¢ oilex ltd

Looks like investors are still choosing to focus on the...

  1. 1,815 Posts.
    Looks like investors are still choosing to focus on the negatives with the fall back to 6.7 cents after at one stage looking at breaking above the 7 cent range... What will it take to break free of this trading zone? I have been reading that last announcement to work out why the market decided to sell down the news again and the only things I can think it has to do with the wording of the announcement such as Tie-in to the production facilities is in progress and this 2 week window of production. Confidence appears to be at all time lows so until each step is 100% completed IMO investors are still cautious of another mishap eventuating.
 
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