I personally think the biggest issues facing 88e are:
- SOI- This stock is just not liquid enough to allow for a major rise in price. I truly thought we could get to 1c again.
- The need for many more CRs to keep the company ticking over. The SOI will exceed 30 bill by some margin.
- Consolidation hanging over it. I have very rarely seen a consol work out in favour of existing shareholders.
Personally speaking I would consider re entering after the consolidation and when the price has tumbled further.
Sorry to put a further dampener on things but that's the realities facing this company.
And add to it management that only seem to be concerned about their salaries and who have no skin in the game.
Ann: Investor Presentation - April 2024, page-13
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $101.1M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $33.96K | 9.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 630 | 637259900 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 596711646 | 143 |
View Market Depth
| Last trade - 13.34pm 21/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
0.001 ( 14.3 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.4¢ | 0.3¢ | 18406665 | ||
| Last updated 14.42pm 21/05/2024 ? | |||||
| 88E (ASX) Chart |