Yes very painful to watch the share price but I think it is compounded by the markets being smashed which creates a sense of fear to sell regardless of how close OEX is to success. Maybe it is good time to pick up some more... heck if we see levels of 5 or 6, 7 cents again I am sure traders will be all over it and eventually pump the share price up for a quick profit, even some of those vocal critics of OEX I suspect will dabble in a trade. I certainty did not expect OEX to fall back to this level considering how advanced they are compared to only a few months ago. 77H maybe a small proof concept well but IMO it will be critical in future success in drawing new investors to reap the benefits of full production by developing further wells.
OEX Price at posting:
9.3¢ Sentiment: Hold Disclosure: Held
