88E 0.00% 0.2¢ 88 energy limited

ASX Today, page-11043

  1. 5,235 Posts.
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    Been a very long year since well closed in and a few setbacks for SP from the options and recent cap raise. But it has increased the big picture of having a healthy bank balance for the long term.

    I understand how some holders are frustrated. It’s the pattern of a highly speculative stock. High risk high reward. Hold the faith guys.

    But for me once action finally happens our SP will rise and rise well. Not long to go now.

    I have always maintained my plan and that is to sell out during this well rework. Timimng is my biggest focus in getting it right. Making profits without the emotion.

    This company is significantly held by big MM’s so we will always be at there peril and manipulation. That’s how this little stock works in my opinion However the big picture is if we get this well flowing we will break the shackles of a very SP sensitive stock and head into a new frontier of being a stock over the 10c barrier.

    If doesn’t flow then expect another setback with SP until later in year until surveys and farm outs come to light. It’s a bumpy ride but our fundamentals are sound with cash in bank with a lot happening in 2019 when we drill hopefully more than 2 wells. Etc.

    Hopefully green will be experienced by all well into 2019. That’s my take on this little stock. GLTA. Patience and timing guys.
 
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Last
0.2¢
Change
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Mkt cap ! $57.86M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $2.871K 1.430M

Buyers (Bids)

No. Vol. Price($)
237 229711066 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 542559084 199
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
88E (ASX) Chart
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