88E 33.3% 0.2¢ 88 energy limited

New York Tonight, page-23

  1. 13,575 Posts.
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    I too question brokers valuations on such companies Joseph.

    But they have many ulterior motives to put such valuations on such companies.

    I tend to go much more by what a companies market cap is at any time in its assets development.

    Being just below a 300M market cap for a speccy is now reaching critical point time in the next step in the companies potential revaluation and I'm all sure we know why !!!

    What is interesting is that nearly all brokers now have around 350M to 400M pegged on 88E. In essence there appears to be some very consistent price points.

    Imho it has much to do with the previous 7 to 8c highs a while back on THAT SPIKE and these brokers r playing their usual game of trying to bleed these higher previous buyers at just below their previous buys.

    Dangling the carrot if U will.

    But the fact of the matter is the whole story is not known yet and this flow rate result is crucial to uncovering a couple of the basic unknowns that r critical to being able to make this play work.

    Being glorified salespeople this is what they do and u can respect or hate them for it but they have been crucial to our development so far so my lack of respect is tempered by their sales abilities in raising the necessary cash for our continued advancement.

    d.
 
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Last
0.2¢
Change
-0.001(33.3%)
Mkt cap ! $57.78M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $5.997K 2.378M

Buyers (Bids)

No. Vol. Price($)
222 347388030 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 601584897 215
View Market Depth
Last trade - 15.51pm 19/07/2024 (20 minute delay) ?
88E (ASX) Chart
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