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At Best buy order......
Chumba about to do same - pls share price you get - thx
0.2300p on the button! Timed at 15.55.
Nicely set up for tomorrow
thanks getting .238 live quote - you did well !
Well hello hello, another blooming day on the oilex express it seems
few big trade not showing by lse
17% up isn't a wider market rerating. Something good is going on with OEX.
Wholesale gas prices have reached new all-time highs,
Let's see if it opens up tomorrow and maintains the gains or as usual the sizeable retreat
Let me help you understand. The 7 or 8 risers you speak of haven't risen 17%. The oil and gas sector hasn't risen 17%. Oilex has. This suggests there's more to this than a sector rerate. Something good is going on specifically with oilex I suspect. If you still don't understand, I'm afraid I can't help you.
Naff all interest in oz overnight with a piddly 400,000 shares traded. Gla.
Also no rns. So what was yesterday's rise all about? Wasn't even much ramping going on. Wonder how much we will drop? Gla.
Davethedumplin. Great name. Don't get in a stew mate. Lol. Gla.
We are moving with technicals now.
Charts suggests 0.35p arriving.
Golden cross on daily recently.
If the news arrives here saying production started then this will be going much more higher than 0.35p!!!
Hold tight,good time ahead.dyor.
Nah I think this will drop like HUR today with no news unfortunately.
Another 20% rise before news please
After all we are sitting on billions of gas and condensate
Come on oilex
News could drop any time soon then boom
Just look at the charts,they are very encouraging!!
Do not listen to anyone who might be another side of fence and want you to sell so he can buy cheaper again.
Btw,HUR had a news which have triggered the drop which was expected.
And we are waiting for the news which will make the SP go crazy!
Let them announce the production have started.
Hi Gordon,
you seem to be shining a lot of bad light on Oilex regularly.
Is this a share I should stay away from?
All the best, are you trying to get in at a lower price? :()
Percy, Gordon has more historical experience with this share than anyone else here. I’d say he is a realist, he has shares (bought in recently), so he certainly believes in it. As do I, who also have been in since a cold years. Atb
*couple
Thanks Espen. Don't think I would quite go that far. I regard Callum as our researcher in chief, although I am usually less optimistic than him
Percy. I can't possibly advise you on whether to get in or stay out. Not sure what I have said recently that shines a bad light on Oilex.
I first bought into Oilex in 2015 at 2.5p. I averaged down over the years and by late 2019 had 6.6 million shares at an average of 0.32. All of that time it seemed good times were just around the corner. By late 2020 they were down to 0.06 and I was 90% sure I had lost my cash. Then out of the blue came the news that Oilex had got lucky. The preferred buyer of gspc's share had dropped out and Oilex were getting it on the cheap. On April 6th, against all expectations I was able to get our with a profit at 0.407. I have since got back in with 5 million at an average of 0.22 or if I deduct my previous profit from the cost, an average of 0.10.
My current position is that yes I believe I can make a further profit from here, but I am not in the camp that says this can suddenly go to multiple pence. Don't see how that can happen until the new Wells are drilled in about a year. Even then it is very dependent on the success of the new techniques. If course Roland's new projects may give a boost before then. Hope so.
I have come to realise that on any day, news can give a boost far in excess of what is justified by the facts. Thus gives an opportunity to get out with a profit and then back in later at a lower price, as Conger did recently. I certainly don't believe that anything I or anyone else sayd on here influences the price one way or the other.
Atb. Gla
As expected a drop
And as Gordon says, I am looking to buy back in as I took a bit of profit in the last 24 hours.