I expect Electric Cars will take a big share of the market and will eventually take over the majority of vehicle sales....but we are talking 5 years at the earliest before EV's have any real impact on combustion engine sales, especially when car sales go up worldwide every year. Oil will obviously still be needed in bucket loads far into the future.
So what have Electric Vehicle sales got to do with 88E?......bugga all......
If the oil flows - 88E will highly likely be bought out within 2 years, well before any electric vehicle revolution.
Though I do think this emphasises the 88E investment opportunity. It's rare for a junior to have so much land in such a prospective area, but it's also all happening for them at a time when oil is in very high demand. Maybe 20-30 years from now Electric Vehicles may have taken a massive chunk of the market share, and may even dominate combustion engine cars. At that point - an oil explorer may not be so appealing an investment. So this is a pretty unique opportunity.
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $43.40M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $46.48K | 23.26M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
474 | 1305395133 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 23140122 | 3 |
View Market Depth
No. | Vol. | Price($) |
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471 | 1281195133 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 23140122 | 3 |
0.003 | 512385035 | 217 |
0.004 | 160217141 | 104 |
0.005 | 61008289 | 50 |
0.006 | 35001656 | 35 |
Last trade - 15.57pm 17/09/2024 (20 minute delay) ? |
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