OEX 20.0% 0.6¢ oilex ltd

boysy - "OEX is all about Cambay" - but it does mean that OEX is...

  1. 1,409 Posts.
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    boysy - "OEX is all about Cambay" - but it does mean that OEX is a one trick pony and vulnerable to binary outcome risk. Any minor uncertainty/glitch will see it's sp smashed.

    I see Canning, however, as potentially providing an important second string to OEX's bow diversifying total company risk. I don't see Canning as distracting or diverting focus away from Cambay - but important for the very reason you don't.

    I am hoping for some more positive progress reports out of Canning to coincide with Cambay's announcements. It's then that we will see some meaningful sp action. The LSE will go ape sh)yte if that happens.

    Even if Canning news is slow or inconclusive, I don't see it as a being that negative for the sp. At this stage it's providing support and a little cushion - but could provide a significant tail wind.

    Not sure what your can of worms refers to?

    I would hope that OEX's management is capable enough to walk and chew gum (at the same time!).
 
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