88E 0.00% 0.3¢ 88 energy limited

Merely the calm before the storm imho, this is typical oil and...

  1. 125 Posts.
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    Merely the calm before the storm imho, this is typical oil and gas volatility. I am expecting a $1,000,000 wipe of the line at
    .005 in the not to distant future. It has happened before with this stock which is interesting considering its’ penny dreadful status. Reasoning behind this thinking is that the sophisticated
    investors are going to want to see a good return on their recent purchase and as others have mentioned their backers have the tools to facilitate this.

    Fundamentally the company seems to have engaged a public relations consultancy to help get its message across. This is all about accenting the positive and burying the negative, hence the reason some questions are being ignored.

    This marketing mechanism/strategy over a period can have huge benefits, lifting a company’s profile, however mentioning a consolidation (negative) prior to Flow (hopefully positive) results seems odd to me.

    Technically the charts are saying this thing is ready to fly but I could be completely wrong…..only time will tell.
 
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Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $72.23M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $27.89K 9.681M

Buyers (Bids)

No. Vol. Price($)
615 1000389195 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 409390155 97
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Last trade - 15.17pm 06/06/2024 (20 minute delay) ?
Last
0.3¢
  Change
0.000 ( 8.70 %)
Open High Low Volume
0.3¢ 0.3¢ 0.2¢ 5712915
Last updated 14.45pm 06/06/2024 ?
88E (ASX) Chart
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