Based on past scar tissue from various sorties into speculative oil stocks this was my exact strategy from the beginning. So now I sit with a free carry of several million options at average price of 0.004 and plenty in reserve to exercise or not. Plus 1 million heads also part of the free carry.
Whatever happens I support the current management who, save for a tad over dilution, have not put a foot wrong yet. It is rare for management to communicate as well as they have with the small retail holders. Very rare.
The conventional oil probabilities are sufficient IMHO to keep the average price above 3 cents for quite a while if the fracking turns out to be too expensive and not effective in the medium to long term.
- Forums
- ASX - By Stock
- Ann: Operations Update - Project Icewine
Based on past scar tissue from various sorties into speculative...
-
- There are more pages in this discussion • 250 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 88E (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.78M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $59.97K | 28.45M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
385 | 448921908 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 577454273 | 149 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
352 | 384411177 | 0.002 |
139 | 639532744 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 526841847 | 137 |
0.004 | 301743603 | 126 |
0.005 | 111214357 | 58 |
0.006 | 105611758 | 38 |
0.007 | 74892288 | 34 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online