88E 33.3% 0.2¢ 88 energy limited

From LSE on proposed raising, page-44

  1. 2,782 Posts.
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    As much as I understand he’s in a tough position but I believe DW was deceptive to a degree, creating perception that he’s not going down CR route and fully funded etc. (and by the way that’s not the first time he’s done this).

    However it’s not easy to run a company and fund projects, end of the day cash’s king. We don’t need to believe or have faith in DW, we just need to get back to the fundamentals and remain positive that things would work out.

    Although daily sp is not the point, but LSE currently trading at 4 cents equivalent, which is not bad considering what just happened.

    I’ll get back under my desk sucking on my thumb and not mention anything to my wife about the 70k share value wipeout.
    Last edited by Ralii: 30/04/18
 
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