Oilex Ld Share Discussion Threads

[hmgouda] 29/11/2018 16:16

Will it close at 0.4?

[1bluehorseshoe] 29/11/2018 14:35

GSPC can save face we can get on with drilling. Win win

[1bluehorseshoe] 29/11/2018 14:22

Our 45% in Cambay is with two entities one Indian registered the other Parent, 20% 25% split. Both under parent.

[joecase] 29/11/2018 14:15

1 blue thanks for that info, more attuned to uk London stock market rules. Good heads up

[joecase] 29/11/2018 14:07

HM very likely in my opinion. What would follow is another great boost to the share price past 2PM and sells at .4 going higher today IMO. WEBIS sells a plenty migration to OEX¿

[hmgouda] 29/11/2018 13:58

Actually they might have already lined up the deal and waiting to finalise it :)

[1bluehorseshoe] 29/11/2018 13:55

They have different rules on ASX. Oex is an Australian registered company

[trendspotting] 29/11/2018 13:51

MMs still playing games. Dummy sells show bid is rising and now .4 to sell. Think we are about to start cooking going into the final third of the day.

Hopefully we see the 0.7s again.

9 minutes before the lunchtime lull is over.

[joecase] 29/11/2018 13:50

Joseph I think you will find they have to pass 29% before rule 21 kicks in

[1bluehorseshoe] 29/11/2018 13:48

GSPC will surrender 30% Cambay and 2m cash and we will get a new JV partner for 30% imo

[buci] 29/11/2018 13:45

Joseph Robert
It seems that Republic shares are held in Australia and last time they sold there were big volumes on Asx. Lately only small amounts traded on Asx so I think it was a strategic move to sell so that they can participate massively in an eventual future fundraiser pre drilling campaign. Bear in mind that they have to submit a formal bid for the company if they go above 20%.
Your views are appreciated.

[joecase] 29/11/2018 13:44

Having experience in litigation the MD going public that a settlement is preferred by both sides is great news. Litigators do not go public with that sort of thing. Unless of course they wish to settle.

[hmgouda] 29/11/2018 13:40

GCSP will definitely benefit from any agreement and share price hike in order to strongly negotiate with any possible JV or takeover. That's how i see it myself.

[joecase] 29/11/2018 13:39

Tight spread good to

[joecase] 29/11/2018 13:37

Trend no issues with that

[trendspotting] 29/11/2018 13:34

Joecase the bid is rising even though the trades are showing red. This is going north as buys are accumulated in the background. 40s coming soon.

£0.00392 to sell and and 180M volume trades with the majority shares going to buyers. Between this afternoon and tomorrow this is going to shoot.

Expecting a bull run into close.

[rawv8] 29/11/2018 13:33

Do we believe the chairman's news?Would be nice to here confirmation from GCSP that they want to avoid arbitration. Confirmed working Plans for cambay would be a start?

[joecase] 29/11/2018 13:24

L2 WEB sells price at 70% buys OEX increasing

[hmgouda] 29/11/2018 13:23

IMO both parties will reach an agreement very soon and they deliver the news in stages to take the share price up to 3.0 - 4.0 p in December 18. Hold tight to your share, GLA

[intermale] 29/11/2018 13:03

"MM`s letting it go", reveals naivety beyond belief!

[joecase] 29/11/2018 12:58

Profit takers buying back in at 4

[trendspotting] 29/11/2018 12:54

Lunchtime lull nearly over and MMs letting it go. 40s being strung together now.

Watch how the afternoon forms.

0.7p return :D

[josephrobert] 29/11/2018 12:45

You have to wonder what our 'cornerstone' 'long term' investor is going to do about some or all of the remaining shares - this was the level they have sold before - and I think that had affected the chart prediction of whoever it was the otherday.

Looks like the large transaction at 11.30 has gone - I think it will reappear after close.