cambay-75 will be plugged back, page-52

I think its a firesale too. But there are many holders that are bailing.
Wouldn't pay too much attention to the volume though - as you can see from this forum there are plenty of buy at 17, sell at 18 happening. This is pushing up the volume. at 17 million volume, that is 10% of the shares on issue...

You can't go too wrong with OEX. They have cash, they just need to restructure with their joint ventures - ie get farmin partners and diversify their risk.

They have some cashflow - they just need a success in the next 12 months to increase this to become cashflow positive - and by then their joint ventures should start to pay off.

Imagine if they have a discovery from their first two drills in timor in 12 months?? What do you think the SP will be then?