88E 0.00% 0.2¢ 88 energy limited

I have now converted all my options and expect SP to break 4...

  1. 1,518 Posts.
    lightbulb Created with Sketch. 8
    I have now converted all my options and expect SP to break 4 cents soon. The fundamentals remain very strong and I remain bullish on the oil price.
    If the SP goes the other way I will buy more.
    This is a well managed company with good assets with great potential which were acquired at bargain basement prices.
    More importantly we do not have all our eggs in one basket and have a number of alternatives to unlocking these assets.
    As a speculative play it continues to tick all my boxes.
    But you have to be prepared to hold for the longer term, take some profits on the highs and reinvest on the lows I.O.W. be a trader and not merely a passive holder.


    And always try to remember that there are only two types of share traders
    1. Those who cannot forecast share prices
    2. Those who do not know they cannot forecast share prices.

    Hang in there, we shall overcome.
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $57.78M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $16.30K 6.975M

Buyers (Bids)

No. Vol. Price($)
188 303725817 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 646727479 216
View Market Depth
Last trade - 15.53pm 17/07/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.