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Oilex Share Chat (OEX)



Share Price: 5.875Bid: 5.75Ask: 6.00Change: 0.00 (0.00%)No Movement on Oilex
Spread: 0.25Spread as %: 4.35%Open: 5.875High: 5.875Low: 5.75Yesterday’s Close: 5.875


Share Discussion for Oilex (OEX)


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hiblue
Posts: 325
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:6.25
View Thread (2)
Bargain
18 Sep '14
Got to be one of the best bargains on AIM right now...

However the level of corruption and shady dealings that goes on with Oilex is just staggering in my opinion....not good.
 
gary27
Posts: 690
Off Topic
Opinion:No Opinion
Price:6.25
View Thread (4)
oex
18 Sep '14
This will bounce back huge!
gingz88
Posts: 345
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:6.25
View Thread (2)
RE: some
18 Sep '14
I feel for the chap who got his wife to buy **** loads @ around 11p!
Elartu
Posts: 245
Off Topic
Opinion:No Opinion
Price:6.25
View Thread (3)
RE: I have to go soon
18 Sep '14
Adam, re your constant posting about 7.24p takeover bids. You do realise that Aussie takeover rules stipulate that a takeover offer must be at least equal to the highest share price paid by the offerer in the previous 4 months. As Magna paid 7.24p for their holding 3 months ago now and a takeover needs 6 weeks for completion then your persistence on referring to 7.24p as a minimum bid price is pretty much defunct. Shock, horror, they can bid even less than 7.24p any day soon.

And anyway, why the blue blazes would Magna bid for the whole of OEX (that's 45% Cambay and 100% Canning) when the Indian government wouldn't permit them to have a 15% holding in Cambay? If Magna aren't a suitable candidate to own 15% of Cambay why would they be a suitable candidate to run the Cambay wells in the eyes of the Indian government, wouldn't Magna be buying an asset that they cannot progress? Bid millions and own a worthless asset without government approval. I don't think so.
Going_Long
Posts: 709
Off Topic
Opinion:No Opinion
Price:6.33
Are there any shorters on this?
18 Sep '14
Anyone know of any yet?
Miller1972
Posts: 1,523
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:6.33
nearly
18 Sep '14
4 mil of missing trades so far, but probably not processed yet as action so fast.
Going_Long
Posts: 709
Off Topic
Opinion:No Opinion
Price:6.33
Laugh or cry? Somethings up
18 Sep '14
I'm kissing goodbye to my hard end £12K here....

What the hell is going on?

I'm not selling, have no choice but I'm interested to see what is going on for sure...
adamsrups
Posts: 3,256
Off Topic
Opinion:No Opinion
Price:6.33
Spud
18 Sep '14
I told you I hate day trades, At least my bad luck on the 6.8p has turned into good luck for a change. REMEMBER r.e bid. if it were magna. They have to bid minimum of purchase recorded in last 4mnths, worrying thins now two points A/ the lower it goes the more attractive 7.24 or above looks, not to mention feasible as no asset value attached to cambay
B/ look at the date in the last 4 months of their highest purchase. Its not too far away from dropping from previous 4 mnths and then what will become their highest recorded bid, Possibly the one they trigger it with. Now if say all previous purchases had dropped out of the previous 4mnth bracket ruling and for example that were today. They could trigger with 6.7p and that would be their minimum bid permissible under the asx rules. All stinks as worked, Lets hope for one of the other possibilities
sammon11
Posts: 10
Off Topic
Opinion:No Opinion
Price:6.33
View Thread (2)
some
18 Sep '14
quivering sphincters here!
gary27
Posts: 690
Off Topic
Opinion:No Opinion
Price:6.33
oex
18 Sep '14
Topped up at 5.98 £7500



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