88E 0.00% 0.3¢ 88 energy limited

Ann: Investor Presentation - April 2024, page-25

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  1. 494 Posts.
    lightbulb Created with Sketch. 157
    unfortunately yes. Aus bottom will be 003 imo if that happens it will be 50% loss on pre flow test price. Aus no longer tradable. No chance of a profit between buy and sell.

    I am at 70% loss - into bottom draw

    CR will occur very soon, Quarterly says they have only paid 20% flow test costs so around Aud$17 million accrued debt.
    Given 88e bank balance I suspect CR to SI ioverseas.

    Sp in London 0.20~0.21 can head back to 0.019 likely bottom imo. looks tradable imo.

    FYI. I remain negative LT, but ST tradable London imo

    Consolidation will be done this year imo 1:100

    prediction: Aus sp 20c by December imo

    DYOR. all my opinion
 
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