cup and handle, page-23

I took a serious position in OEX for my portfolio in the last two weeks. Average at 25c.

I actually picked it up after flicking through Sandy Bs charts.

I have done my research and I am happy with the prospects of the company. In this for 9-12 months at this stage. I dont have the time to trade all the bounces here and there.

With a current MC of $50m and a farmout in with JE rumoured to be worth ~$30m drilling in some highly prospective waters, you would be blind to not see the upside in this for the medium term.

Good luck picking the resistance and support. My support is already in : )

SF