88E 0.00% 0.3¢ 88 energy limited

Ann: OEL: Winx-1 Drilling Update, page-316

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  1. 1,416 Posts.
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    Glad it made your day.
    I must admit it's quite difficult to keep things in perspective sometimes. I agonised over what to do last week after the announcement. Didn't want to get out as it crystallises a loss but didn't have enough spare dosh to buy a significant parcel to average down substantially either. I had too much exposure to 88E & in the end, decided to "trim" back a bit to reduce my exposure, so sold 30% of my holding. Still believe in the story & if the FO happens I still get the upside (from here). Will never over commit (which I had done ) to explorers and one stock again. Cheers dc
 
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