88E 0.00% 0.2¢ 88 energy limited

I am new to investing, but the common sense thing would be to...

  1. 283 Posts.

    I am new to investing, but the common sense thing would be to hold long and strong - if this flows the way we need it to, further down the line this will end in a buyout. Is it safe to think that way, or is there more to it than that? I definitely need to do some research just to make sure I'm prepared and don't balls it up.

    I understand that some more experienced, skilled investors may want to sell and buy back on a dip. I think I'll avoid trying to do that.

    I think I'd only possibly start thinking of selling before buyout if this reaches 50p+ at some point. But if it reaches 50p - things are obviously going well and are going to get better until buy out.

    Though oil price can always play a part and slow everything down if the POO dips.
 
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