Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I had good old belly laugh at Oilex’s (OEX) RNS release this morning. Apparently it was absolutely vital that the company inform the market, via a regulatory announcement, that it had updated its website with a new photo gallery. I am certain this hugely price sensitive news in no way had anything to do with the 94.75million shares placement participants are currently trying to offload.
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