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Any guesstimates for the next AUM figure and where the SP could be after the update? It should be another massive increase and I am hoping for around 90p plus and hold at that level.

Am I correct in my thinking that IQE still have £45 million in the bank?

It was a shocker. But already way oversold. May be able to get in again at a lower SP tomorrow?

Added to holding on retrace. Great opportunity to lower average!

Rose tinted glasses. Revenue even if rising is the only thing that is rising along with a rise in the number of shares with a pacing coming.

No profit and SP dropping into obscurity.

Even if revenue is rising, if you cant make a profit on that rising revenue then something is seriously going wrong.

Tick up on the bid! Strong rise before next week?

Advising others? Read the post Ironic. This is a shambles. I lost money on this mess of a company. And believe it will drop even further than 80p. IMHO as always. Stop your ramping...its dropping every day and down again today.

Anyone who takes advice from the BB on buying and selling is a fool. Always DYOR and make your own investment decisions. See you at 80p!

Oilex Ltd (Oilex or the Company) advises that the High Court of Gujarat, India (the Court) has now decided on all applications pending regarding the ex-parte interim stay order (IAAP No. 130 of 2018) obtained by Gujarat State Petroleum Corporation (GSPC) as announced by the Company on 13 August 2018 (the Order).

The Court has issued and passed judgement further delaying the implementation of the Event of Default Notice (EoD Notice) dated 29 May 2018 and Notice of Withdrawal of Participating Interest dated 29 July 2018, subject to the fulfilment of all of the following conditions:

a) GSPC is directed to deposit a sum of Rs.8.25 crores rupees (US$1.1 million approx) before the Court in the name Registrar of the High Court on or before by 15 November 2015#;

b) GSPC is directed to submit a bank guarantee for Rs.21.75 crores rupees (US$3.0 million approx) in the name of Registrar of High Court of Gujarat latest by 15 November 2015#; and

c) GSPC shall commence arbitration proceedings on or before 1 December 2018

Does any of the money that GSPC have to pay go directly to Oilex?

small speculative buy

As I said this has been a shambles. Dropping every day and back down to 80p IMHO

Good post thanks.

Potential SP?

Thanks...I will read through!

Hey Scully, would you sell at 20p? Or top slice?

selling this stock is preventing the SP from rising. PIs are only able to buy on certain platforms such as AJ Bell. Cant buy on HL. Frustrating!

Hey PDUB,

This is next on my buy list. Hoping to get in before it rises further.

I remember the 87p party! Good times dreaming of big money. Still hoping to make a load here.

I was in the same boat with RKH and DES and bought at 33p many years ago. What ever happened to DES?

Hey Scully, glad someone still up on this BB. What's your take on the rise? I haven't yet average down and in at a slightly higher price as a long term holding.

On the upside if Japan results further confirm corticosteroids do interfere then that is good news as next trials will omit corticosteroid use and therefore drug will work and SP may well hit £8 plus as a minimum.

I see tea eating his words very soon. FARN is set to rise to previous levels on positive news of major. Someone please put the link back up to the interview.