88E 33.3% 0.2¢ 88 energy limited

Ann: Operations Update, page-296

  1. 617 Posts.
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    It could drop again tomorrow with another round of profit-taking from the T-2 traders. The last 2 days have been a big push. I got back in at 0.018, and a lot of traders would have as well, so there sitting on about 70% profit. Just don't be surprised to see profit-taking, at least in the morning.

    The fundamentals have still not changed, so many people are buying in at a high price for a drill percentage of successes that has not changed. Regardless of the driller taking shares over money (There is a chance they're already out with the money they would have been paid and free riding the results), there is still a chance of failure, and a free carry (sell out your original investment) is still an excellent idea for a spec stock.

    Not an expert just have been around this stock for a long time seen many a person get in late before drill to watch it come up dry. I believe this stock will hit oil and have that payday; I want people to be safe.
 
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Last
0.2¢
Change
-0.001(33.3%)
Mkt cap ! $57.78M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $13.08K 6.540M

Buyers (Bids)

No. Vol. Price($)
180 274719807 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 598652701 202
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
88E (ASX) Chart
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