88E 0.00% 0.2¢ 88 energy limited

Baseless Ramping needs to stop now

  1. 1,118 Posts.
    No other dog stock on hotcopper gets the hideous level of baseless outrageous ramping as does 88e.
    I'd like to remind any newbie who can't read a financial, that 88e has a current market value of $200 million and has never produced 1 jar of oil.
    Let's get back to planet earth here, I believe a fair value at this early stage is around 20 to 40 million maximum, that is anywhere between half and one cent, exactly where it was prior to all this 5 month long mega ramping.
    Given the company has 4 BILLION shares on issue, a consolidation of capital could well be on the cards...
    Just give it a rest OK, some will have got their first reality check today, I feel there could be many more on the horizon rampers.
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