OEX 20.0% 0.6¢ oilex ltd

GF4eveI envy you getting in at 5.5c. I think that no matter what...

  1. 240 Posts.
    GF4eve
    I envy you getting in at 5.5c. I think that no matter what happens you will win and I congratulate you for being smarter than me. I have been in a long time and have seen the current management destroy my portfolio. So, I get a bit bitter at times.
    Contractors come and go, a good contractor with a competent crew and a competent plan that fits in with company goals is vital to success. A good manager sorts that out before the work starts. generally, a walk off is caused by non performance by one side or the other. Its often 50/50. A great manager can get the job done even when his contractor is faltering.
    I have been in this business for 25 years and I can tell you that OEX does not suffer from excess greatness. But the assets are good and if they can realize 10% of their potential, then we will all win. Its just such a shame that they are far from realizing 100% of their potential.

 
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Currently unlisted public company.

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