OEX 20.0% 0.6¢ oilex ltd

Good stuff M- .Lots of analysis there and I await comments from...

  1. 2,252 Posts.
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    Good stuff M-
    .Lots of analysis there and I await comments from Joatman Chillam et al
    Yeah perceptions will play a huge part and so might ignorance
    If gas rates are 2mm with 260 oil there could be a whole lot of people running for the door without realising this is $40k per day and a decent living.I wont be buying .Reckon I could barely raise enough to buy 300k of oppies at this stage.Would if I could if that scenario arose
    Sentiment can also overrule logic for a while.You only got to look at the fiasco of oppies trading at a discount to heads to know this is true and thats not AIM driven
    In any event I shall probably be in Karijini or some semi remote part of WA enjoying wildflowers when the announcement comes so just relying on judgment all will be OK Your whole life could stop if you just sat waiting for announcements
 
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