88E 25.0% 0.3¢ 88 energy limited

C'mon dude premier are all over this expect a fund raising...

  1. 541 Posts.
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    C'mon dude premier are all over this expect a fund raising before the end of year and a second on failure that how 88e roll.

    i wouldn't accumulate are all if this falls in the morning I would wait until they cap raise and they will to have a chance of surviving if they fail to this drill.

    expect more dilution because like U said previously we were never going to get an amazing deal on this JV and our share price was going no where. Wherever this falls to I expect it to go lower again once a cap raise is announced.

    i doubt this is do or die but it will be if this drill doesn't pan out. They need to look ahead to possibly have one more shot.

    this is not a good time to accumulate this stock at all tomorrows low won't be the lowest this goes before we drill.

    if this fails and we dont raise funds now premier will buy this so cheap we will all cry if they eventually make it work.

    with this deal and our position going forward I think we're overvalued without a doubt. We need a result.
    Last edited by Ryan79: 23/08/19
 
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