RE: payout16 Sep 2019 14:53
If you read my posts, I did say that basically no matter the cash outcome “Oilex has had to amputate it’s arm to break free” Just like the film 127 hours.
The difference being that Oilex will grow the arm back in time once the company turns its self around.
I’m kind of neutral on the whole cash calls business. I’m not overly bothered because there is cash coming from somewhere to get so much movement with regards to Cooper, Irish Sea and 2 drills in cambay.
If it requires dilution, then so be it. As I know full well we will still see 1p once we are fully up and running.
There is a way to know what is exactly doing on, but it requires your signature and you can no longer ‘trade your shares’.
GLA DYOR All the best. Swingy pants countdown initiated.