Oilex Ltd. (LON:OEX) rose 27.9% during trading on Monday . The stock traded as high as GBX 0.35 ($0.00) and last traded at GBX 0.34 ($0.00). Approximately 87,978,082 shares changed hands during mid-day trading, an increase of 4,871% from the average daily volume of 1,770,000 shares. The stock had previously closed at GBX 0.27 ($0.00).
About Oilex (LON:OEX)
Oilex Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas in Australia, India, and Indonesia. It primarily holds 45% interest in the Cambay field located in the Cambay basin, onshore Gujarat, India. The company was incorporated in 1997 and is based in West Perth, Australia.
See Also: Earnings Per Share
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