88E 25.0% 0.3¢ 88 energy limited

closed 1.15 aussie on big volume last night. we should see 1.2...

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    closed 1.15 aussie on big volume last night. we should see 1.2 today. if they find oil phronist at Merlin then 88e will be on takeover radar no doubt. dave wall doing fantastic job here and maybe the end game is to sell to the highest bidder if merlin comes in. the people that stumped up the 15 million for the drilling need pay back and maybe this is the plan. it makes sense. at 2 cents its 200 million market cap so if merlin comes in then probably sell at 300/500 milion or 3-5 cents.

    cheers
 
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