I reckon the market is in complete denial of what's happening....

I reckon the market is in complete denial of what's happening.
They've written off Oilex and probably have some problem with coming to terms the magnitude of the value of hydrocarbons in Cambay about to be fraccing unleashed.

Half a billion dollar valuation being snubbed here.

Just be patient. A big player in the oil and gas sector will make a move and everyone else will start kicking themselves. lol

Whether they like the company, management or shareholders won't negate 4 fraccs @ 5,000psi with unassisted flow back. It is what it is to the good people if India who need this gas and oil resource.