88E 25.0% 0.3¢ 88 energy limited

What happened at 8 cents?, page-67

  1. 4,327 Posts.
    It's called profit taking.

    The announcement 'update' didn't help things. Haven't seen a stock fall that fast in a long time.

    Just means there are a tonne of trapped holders... and the dilution at 3.5c doesn't help.

    The closer we move towrads quarter 4 and icewine updates the more shareholders will wanna come back though.

    Only thing stopping in short term is getting rid of all the 3.5c shares.
 
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