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.
Looking at the negative sentiment of a lot of the postings I...
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $43.40M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $46.48K | 23.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 474 | 1305395133 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 23140122 | 3 |
View Market Depth
| Last trade - 15.57pm 17/09/2024 (20 minute delay) ? |
| 88E (ASX) Chart |