88E 20.0% 0.2¢ 88 energy limited

I personally think the biggest issues facing 88e are:SOI- This...

  1. 480 Posts.
    lightbulb Created with Sketch. 191
    I personally think the biggest issues facing 88e are:

    1. 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.
    2. The need for many more CRs to keep the company ticking over. The SOI will exceed 30 bill by some margin.
    3. 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.



 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(20.0%)
Mkt cap ! $57.78M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $7.367K 2.551M

Buyers (Bids)

No. Vol. Price($)
630 1014440039 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 413603576 104
View Market Depth
Last trade - 15.59pm 07/06/2024 (20 minute delay) ?
Last
0.3¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
0.3¢ 0.3¢ 0.2¢ 5244982
Last updated 15.55pm 07/06/2024 ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.