RE: LONG TERM POSTERS29 Mar 2021 13:02
I held back in the day from 2.5p and after around 2 years it spiked to circular 12.75 and l top sliced and watched the sp drift so l sold out. I recognise a few posters who are still here from those days. Over the past couple of months, (Feb/March) l have build a sizable position and agree Jack this looks to be a different company on news
What l am waiting for - news out of India and looking at the 15TH Feb, RNS looks to be progressing
"Pursuant to the Agreement, all the pending legal proceedings were withdrawn providing a pathway for the proposed sale of GSPC's 55% interest in Cambay. Oilex and GSPC are in advanced discussions."
Once/if this news is confirmed, for me it is a company maker, then hopefully the Indian government would work/support OEX. Would the company look to strengthen the board? All if's and but's, all l do know, once news lands, investors will not be able to buy at today's prices. As the saying goes, make hay while it is quiet.