88E 20.0% 0.2¢ 88 energy limited

sos, I'd expect the price to hover around these levels until the...

  1. 9,394 Posts.
    lightbulb Created with Sketch. 1067
    sos,

    I'd expect the price to hover around these levels until the new CR shares hit the market 1/5/24.

    Right around then, I expect a new round of company puff pieces to allow these domestic
    and international institutional and sophisticated investors an opportunity to exit.

    I doubt they'd want to hold over the Alaskan summer, which typically is a period of inactivity and share price stagnation.

    I expect the puff piece will be some form of resource declaration, with additional info stating all avenues are being looked at in moving the project forward.... Regardless, this recent CR goes no way to doing that. They need to find a way to accessing 100's of millions if they are serious. I don't think they are serious about Alaska anymore and Namibia is the next shiny thing.


    Just my Friday musings.

    Cheers
    Last edited by spinefx: 26/04/24
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(20.0%)
Mkt cap ! $57.86M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $78.15K 38.57M

Buyers (Bids)

No. Vol. Price($)
122 120098264 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 583908266 234
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.