OEX 20.0% 0.6¢ oilex ltd

Oilex moving forward, page-41

  1. 1,815 Posts.
    It is very bizarre trading it is almost like the market is pricing in that Cambay is going to be a duster and OEX will be a failure which is not in line with the announcements released to the market. Maybe news is leaking of some unforeseen problems or the price is deliberately been suppressed as suggested on the AIM/LSE forums to benefit those in the know like Magna. Maybe it is just the uncertainty of what to expect as Ron himself stated in the last announcement "As this is the first multi-stage fracture stimulated well flow-back in the Cambay Basin there is no benchmark for comparison." Maybe people are selling the uncertainty of results as how do you really know if they are good or not?

    Last edited by Albright: 12/08/14
 
watchlist Created with Sketch. Add OEX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.