My free tip is, to take profit when it is way overshot and before the production if that is the case.
I reiterate current commodity price POO is almost irrelevant for an exporlor as its valued based on in ground value and future price.
FMG shot to $12, from 1c, but went down to $1.17, lots of explorers went crazy whil finding the huge resource but later on reality check smashed the share price, one oiler MAD.
88E is not going crazy yet, IMO.
High risk of bankruptcy for one-third of oil firms: Deloitte, page-6
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $23.31K | 11.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 142 | 179706314 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 659154728 | 245 |
View Market Depth
| Last trade - 13.08pm 10/10/2024 (20 minute delay) ? |
| 88E (ASX) Chart |