OEX 20.0% 0.6¢ oilex ltd

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  1. 1,815 Posts.
    The volumes are light but from a technical charting point of view it appears the heads have fallen through that support around 11 and 12 cents. I'm no chartist but could we go back down to the next apparent support of 7.5 cents or so from May? In the absence of the news we are all waiting for that could be a real possibility which will mean as you say a great opportunity to load up on bargain options or throwing money down the drain if OEX goes into administration.
 
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Currently unlisted public company.

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