When it comes to speculative companies, 88E's ridiculous SOI-to-Short ratio far exceeds what a stock at this price should ever have.
Comparing shares on Issue is silly if the price can be shorted to the point where analysis becomes meaningless.
In the 88E shorting thread I've explained this in detail on how having so much shorts tradable can drastically change the trend even if theres great news (The merlin 2 drill permit for example).
But you have your view, and I have mine.
Enjoy your weekend.
88E Chart, page-477
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $28.25K | 13.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 350 | 430406646 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 623473779 | 139 |
View Market Depth
| Last trade - 10.15am 02/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |