Holding well at 0.19/0.203 Oct 2019 13:55
We all estimated the OEX share price to be in excess of 3p upon the resolution with GSPC back in October/November last year - that was based on OEX obtaining the extra 55%. So theoretically, if Cambay is sold to another party, which is most likely, the share price should be 45% of the 3p we all predicted not so long ago. 45% of 3 pence is 1.35p. That to me is a huge return on my investment which is now in the millions (shares not pounds!). Another thought that’s crossed my mind this morning is - Imagine the absolute heroics of our board if the share issues etc were all to be used to secretly buy the remaining 55% at a reduced rate! Unlikely, yes. But 3p would be more than expected should that be the case. 3p from here is 1500% ROR. Not bad if you hold a few shares ey! Of course all of these are just thoughts and probably not possible, not going to happen. However, it is interesting to look at it this way and see the potential this share is actually carrying. We know GSPC are going to be gone, the work can start and the 3million owed to us has not been written off based on the last few RNS’.
Of course, this is just opinions and thoughts - DYOR and GLA.