Albright, like you it gives me no great joy to have been right. I sold my heads post initial good result 77Hand invested in the tails for the equivalent amount of shares. Sold those I think for a 50% loss after the dodgy reporting and updates post 78H.
Got lucky again as I was going to buy back in the 2s if Oilex got that low..,and then the shocking news re Zeta. I thoughts 78 H looked a goer after the CR and maybe the Cambay field had another opportunity to show its true worth. The depressed oil/gas sector did not worry me in Oilexs case as their pricing for the gas at least was generously set by the government and they had a captured market to sell into.
A crying shame. Hope against all hope that things can right themselves for you guys still anchored in Oex.
VGLTAH
OEX Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held
