Options, page-2

I doubt there will be a share consolidation anytime soon. The problem with OEX is they need to announce a 2015 drill program to get the share price moving as investors are not interested in all this research data on the wells. No drilling drill program this year and the current share price of around 4 cents will drift to 3 - 2 and eventually 1 cent with new investors around these levels losing hope. What would be the point in taking over OEX if you could pick up their assets cheaper in a fire sale situation. Many oil and gas explorers/producers are going to go to the wall if the current oil/gas prices stay this low or lower.

I am not sure what to make of the options buyers at 0.001 cents. Maybe they are betting Ron and his cohorts will need another CR in the next 6 months for their salaries and release another whole swag of announcements for a pump n dump. If the options ever got to 1 cent again that would be an achievement in itself and a good unlikely pay day for buyers around this level. What I have learned about OEX management by their behaviour is when they want something to go ahead they will update regularly to shareholders but as we have experienced with the last attempted con job on holders with the SPP most are not buying into what they have to say.