It is very easy to say turf RM out on his ear but how exactly are most shareholders going to do that if you are not a major holder? I think most people who invest at this end of the market accept management are not always going to be the best with some outright crooks. I really do not understand why black hat or mandurah have such an attachment to OEX if they claim the have no interest in it anymore. Surely there are some other oilers you can focus your time on. Unless of course the down ramping is ploy at trading OEX which with the spreads we have seen can be great if bought and sold at the right time.
OEX Price at posting:
6.4¢ Sentiment: None Disclosure: Held