88E 0.00% 0.2¢ 88 energy limited

Ann: Operations Update, page-159

  1. RSD
    4,139 Posts.
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    To me what is interesting is that there has been a lot of buying after and above todays 3.4c opening - about 50 million so far. I don't think that it is the HC 88E faithful buying up all of those shares, and I don't think that short term traders would be getting in at the moment as no one is quite sure what is going to happen with the SP over the next month, so the only thing I can think of is that the ones buying must be people who are knowledgeable about the whole fraccing process and understand that a shut in is pretty normal and not a bad thing. Unless anyone else can think of who would be buying?
 
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