Whew, cancelled my buying today at 0.007, thanks 88 for today's RNS, 1:10 is a bit of a large offset imo. Should have been 1:4 imo. Hoping the 0.005's get a hit later in Aug, orders placed and will participate and hopefully take some shortfall, then the cycle continues once again.
Still very disappointed that the company still hasn't announced the flow testing date of rig booked, surely this should have been announced now that they want more money. Not impressed as we could see another Feb 24 drill, then it will be tight again imo. I have been critical and concerned of their timing of the past 2 drilling events, as I do not want to experience any delays and end up rushing this critical flow testing well.
Everything rides on a carefully well timed and planned approach, so the integrity of this well isn't damaged or we experience breakdowns and ultimately end up being rushed due to past poor planning and forced unfortunately rushing late again in the winter season, which decimates any SP rally. Fingers x, finally this goes much smoothly.
Hope they drill in Dec 2023 or early Jan 2024 at latest, giving 88 plenty of time and importantly all SHs to see our SP finally rise, unlike last 2 wells which failed to fire. Let's all hope 88 have finally learnt of how to communicate much better to the market this time, when release RNS's updates and don't crash the SP again like last year, so 88 no more stuff ups with bad rushed mixed messages during this flow test. Just get this flowing and then 88 can claim to be an oil player and go a long way from removing all the negative sentiment. Everything has to go right now, and all holders deserve this!!!!!!
As for 24/25 program drill, lol, not really important on the scheme of things is it. All about this flow test, if doesn't successfully flow then who would really want to continue in 88, as oil sector is struggling into the future as I see it. This may be the last drill for many holders I suspect if this fails. I know I am exiting my oil investments in next 6-8 months. Good luck to all as we all need it once again imo.......
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Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $13.79K | 6.363M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
167 | 177652467 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 613821341 | 251 |
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No. | Vol. | Price($) |
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165 | 172607467 | 0.002 |
313 | 839837130 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 593701247 | 249 |
0.004 | 179567663 | 115 |
0.005 | 56649999 | 47 |
0.006 | 91658756 | 33 |
0.007 | 41442109 | 25 |
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