As everyone says the fundamentals say it should be higher but in recent years the markets do not shove the price up until the company is close or is producing. The only worry i have is that several companies in England have had a similar scenario to this share(non oil shares) in that all the investors have cried out it was far too low and is bound to "take off" blaming shorters,market makers,big sellers etc. Sound familier.Eventually news has come out after several months and the share has crashed. Personally i am invested in OILEX and am banking on the first scenario. But has someone has rightly said, people(me included) get hooked on shares and convince thierselves against what the market is saying,because they don,t want to make a loss or be proved wrong.Human nature. That is why most of us will never be rich.Having said all that,i am sticking with it because i am as above.
OEX Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
