The failure answer is easy, either you lose the lot or they will have just enough money to maybe do something else and start again. If they do expect a massive consolidation to reduce the number of shares and you will lose around 95-99% of your holding. If you believe in the new story you will then have to average down like I did with TPT from 24 cents average to under 1 cent with 88E. They need cash in the bank going into a drill just in case it is a failure, it's hard to capital raise with a failed drill and no cash.
A good result I would expect around 800% from the current price
Time to get settled in, page-4
Add 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.1¢ | $27.03K | 13.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 359 | 956509315 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 8325743 | 6 |
View Market Depth
| Last trade - 14.55pm 08/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |