OEX 20.0% 0.6¢ oilex ltd

Zeta found out GSPC are defaulting, then with legal action they...

  1. 122 Posts.
    Zeta found out GSPC are defaulting, then with legal action they squeeze the BoD of OEX, Bhandari has jumped or been pushed, they only need one more to go/jump and then if they get 2 directors appointed, by promising to pay the $9m, they have 50% of the BoD and as largest holders in combination with Ron's much weakened position, they have contol of the company, no need to trip 19.9% and make an offer of more cash to take the remaining shares.

    Game set and match for $13,5m in total
 
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Currently unlisted public company.

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