It would appear that the company has swapped one tight lipped CEO for another. Shareholders deserve better but in this world we're just fodder to used and fleeced with mislead presentations and extremely poor management. One would have expected a new CEO taking post would have laid out the issues before the shareholders and made a clean breast of it all so as not to tarnished with the past mess.
Gone is the quiet confidence I maintained for so long that this share would eventually come through. Now all I can hope for in the long term is to redeem just some of my loss. I hate to say it but it's now patently obvious we've all been taken for a ride with the likes of "Wrecker Ron" featuring prominently in the equation. GLA
Yes I'm afraid its a real sad share to be stuck in, so many times we had the opportunity to bail at 4p, but were convinced not to. Even from the lows, lets say .5, had we the knowledge of others we could have traded too. One thing crossed my mind today. I came looking at this some 2 1/2 years ago, spent a whole day on it researching it., But there were rampers here then that appear and disappear now. I eventually jumped in believing the all fully funded etc, was a little disappointed when my 3.6p av was trounced by what I can only term as misleading. However cockahoop when it hit 12p. That's the funny thought, I could have sold anywhere from 12's down, messed about a bit mostly losing as always felt I was the only one fearing. Yet the biggest point to the funny thought is. 3.6p average which I thought was wonderful on my research when they lit the gas flare. Lets use 10.8p a share, so comfortably I was I could have got out with a 3 bagger. I even set a trailing stop which tripped out and I hadn't realise at 6.8p on a real bad day crash, I looked at about 6.2p doing a dummy and saw I had no shares, quickly bought back more with my trip money. What a greedy silly pr*ck. So the real funniest thing is had I come along and purchased at .40 / .48p like one of the initial rampers did, I would have made around the same at 1.4p as I would have at 10.8p. there was much of the same from 12p's to here. This is aims and oex is a perfect example of how it works. Just wish I had had the day at home when I sold a few before going out at 1.41p maybe when it was dipping I would have sold a sizeable at 1.25p. who knows . Gla, with emphasis on the L. cant see too much now.
well adamsrups has certainly spent a lot of time on researching OEX and connections to Board members e.t.c...and always shared with the rest of us...although some long winded comments, i take my hat off to him for all his efforts :)...
Adam you may well be right about things being bent, who knows. Certainly amongst the bells and whistles of the merits of horizontal drilling and high performance wells so much bread and butter stuff simply vanished from the radar. The fact that we have over the last couple of years been consistently denied basic operational information is in my books nothing short of disgraceful if not criminal.
Thanks Spantrout for keeping us up to speed on communications. I didn't get any acknowledgrment or reply to the email I sent, but then again my "direct" approach may have offended their sensibilities. Things on the whole are looking pretty grim so I guess all we can do is sit tight and say a few "namastes"
this has not been totally bent and not an allegiance of crook buddies a long time before we arrived, anwer these questions to yourself. They are not in date order but all are severe. Why would gspc agree to pay 140k (its in an oex report) to ihl, bhandaris own company for bhandari intoducin magna and doing a 15% psc deal of oilex percentage Why would oilex pay bhandari's ihl 110k for the same when bhandari is already on a big wage as a non exec at oilex. Watts was ivested here along with ihl years before that deal, that actually turned out a different deal, so next question. Why would gspc pay 140k to bhandari, for magna (watts) simply owning more oilex shares Why would the jv complete 73, in 2008, test it on much better results than the latest test than in 2015 yet shut it down for years. then spend money getting it online only to shut it down again. What happened to 64 and 74. Why have we never had full test on 77 Why does the gas contractor have to remain anonymous. Very important question, why have magna never been recorded as selling shares of oilex, do they still think its worth 12p a share. oh I can go on and on for 20 pages worth, no point is there
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