88E 25.0% 0.3¢ 88 energy limited

Action Speaks Truest - from MD David Wall, page-63

  1. 876 Posts.
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    can you reliably say he sold or moved his shares into a different entity. Pretty sure large

    kinda foolish to sell before the drilling season has even started. presuming it is dud to support a view some may have, i think you would even agree it will run near drilling like in the past.

    i am not saying he will not sell or sold, we all have bills to pay or invest else where given he is now in a capital firm.

    so perhaps parking capital else where till 88e is about to move again. it is obvious to us all this is not going to move much until the season starts.

    regardless yes on the face of it the sentiment changes for the short sighted but if he was a smarty pants he will move his shares into custodian
    so if and when he sells during next season it could not be distinguished that he sold hurting the confidence of a company he built and then get involved indirectly.

    by comparing top 20 holders from feb 2021 to sep 2021 you will see the capital structure is even better in my opinion anyway regardless of Mr. Dave selling which I think hasn't and likely moved into a more tax efficient means. biggrin.png
 
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