Looking at the negative sentiment of a lot of the postings I wonder why some of the posters even bothered to buy any stock in 88E at all.
What is the motivation behind bringing a term deposit investment attitude to a speculative oil exploration stock?
Any sophisticated investor knew from the start that this was a high risk play and the company management have always emphasised their view of the probable percentage success rate (25%?).
The SP is definitely undervalued in terms of the lease values and the current updates -- FOR A SPECULATIVE PLAY.
Either you have the appetite and the spare cash for this type of risk/reward ratio or you do not. If you don't like the risk then invest in areas where you are more comfortable and secure.
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Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $20K | 10.00M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
182 | 174177231 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 599471151 | 243 |
View Market Depth
No. | Vol. | Price($) |
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181 | 174127231 | 0.002 |
281 | 751601130 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 579471151 | 242 |
0.004 | 176059330 | 110 |
0.005 | 54979999 | 46 |
0.006 | 93942006 | 35 |
0.007 | 41442109 | 25 |
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