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0.3¢ 88 energy limited

Bert333 Good analysis.

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Worthapunt

48 Posts.

03/10/17

03:29

Post #: 27609270
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Originally posted by Bert333 ↑

For those holding heads this is going to be downward drift from here - I would sell now and buy back in a few months if you still believe COS is 50/50. The SP is almost guaranteed it will be lower in a few months.

Worse case - if the SP nears 1.4c it could plummet as early investors (.007c level) will take their 50-100% profits and run.

For many diehards - they will hold on regardless. It will be a waiting game as DW and the BOD pin their hope and last ditch effort on the HRZ in Apr 18.

Oppie holders are done...even the highly optimistic couldn't come up with a reason or scenario for the SP to rise between now and Mar 18. The only one I can think of is the potential of a takeover or lowball buyout but even this is highly unlikely.

Sorry for the gloomy post - just how I see it.

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Bert333

Good analysis.

88E Price at posting: 1.9¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $72.33M

Open	High	Low	Value	Volume
0.2¢	0.3¢	0.2¢	$25.63K	12.28M

Buyers (Bids)

No.	Vol.	Price($)
104	121902882	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	581892899	237

View Market Depth

No.	Vol.	Price($)
103	121852882	0.002
475	1143509326	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	561892899	236
0.004	179639740	113
0.005	54569555	44
0.006	46128654	34
0.007	93935608	26

Last trade - 15.05pm 03/10/2024 (20 minute delay)

88E (ASX) Chart