88E 0.00% 0.2¢ 88 energy limited

Ann: Conventional Prospectivity Review Complete & Icewine2 Update, page-90

  1. 1,607 Posts.
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    Mate, nothing wrong with you said... As an investor, I am purely talking about SP here..... Don't forget every single story has fit in right context, 13 months ago, all irrational buyers got burned, the SP dropped from 8cent to 3 cents,all these trapped investors, (mots of them truely believed the story) are still holding right now but in red(I think), during the some period, the second round "new investors" get trapped again during the "batman" spike.... All the rational(smart) players knows the SP would not go anywhere till Flow rate finalised, all others unproved fact would be relatively immaterial... in other words, there are NOT many new LT holder aboard by then, hence, the SP wont material change... This theory only applies to 88e story.

    I am a true believer, I dont think the current SP around 3-5 cents range bothers me, my punts on the return on success would be minimal 8-10 times of my investment, also keen to see all the facts behind the scene...

    in the last 13 months, only the day traders are the true winner, I'm a loser indeed, but strong faith I will end up smile...

    Does it make sense to you?
 
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