88E 25.0% 0.3¢ 88 energy limited

So not allowed to raise a lot, only around $8mil from my calcs,...

  1. 5,166 Posts.
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    So not allowed to raise a lot, only around $8mil from my calcs, so this raise is basically a raise to fund remuneration and admin costs until after consolidation imo. Also a little bit of money for African commitments. Yawn.

    After Consolidation a much bigger raise will obviously come imo, so no interest in buying any at 0.003 as post consol say 30c where will this SP drop 20c, 10c, 5c, 1c until they do anything further in Alaska in 2026.

    Big losses to come imo, so why bother rewarding this company with money to pay their REM, when this company fails 3 yrs in a row to reward the actual investors unlike those running 88 who many dont bother to invest imo. So this small raise can’t fund any programs so this money basically fuels the REM imo. LMAO and then SIGH
    Last edited by docmin24: 23/04/24
 
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