latest substantial holder notice
Ron Prefontaine sold 250 000 shares on about 8 September 2004, at a price of about 66 cents.
Now, he's still got about 3 million of the little buggers, so he isnt exactly bailing on the company.
But he did sell down.
OK, so who's Ron Prefontaine, apart from an Oilex director ?
For my money, he's one of the best oil exploration geologists working in Australia. I saw the geo work on 104, 111 and 115, and I'll listen carefully to anything he has to say.
As far as what this implies for his judgement about Rookwood, I think you can follow the money pretty easily.
Ian Whitchurch
OEX Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held