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Banditputin1 definitely has to be khan......they talk exactly the same but are always exactly opposite.
What raise? The AGM is on 13 May, the results are due from next week onwards. If the results are good or excellent then plenty of time before the AGM to get out of it, no need to stick around until May 2024- strong buy in my opinion especially at this price🚀🚀🚀
BOOM
Back in the game boysies. 0.4 here we come. The well flows! Wow big flow rates.
You don't want to be out of this gusher
Yes...this is classic and have seen in past so, no surprise:)
You expect the price to go up on the same day as a cash raise announcement ??? Really???
It is worth holding as no point to sell when it bottom of curve and now potential to reach 0.4p before end of today in anticipation of result...Good luck
I got autocorrected to 'Iceland'. Don't want to start anything off about 88E drilling in Iceland.
SRBS - why the end of April? Don't you mean March? As they are going to be gone by April the 14th anyway.
I think that in all circumstances 'end of the week' can be assumed to be Friday.
I was also thinking why tell us about a delay on Monday this week? They could have waited it out and I appreciate that might have stretched peoples patience but why do that?
Kept some invested here since the initial Iceland drill, waiting it out to EWT and almost forgot about it. Think they really do believe they have something. Very tight ship. It's all to play for IMHO.
I have added a few more, looking forward to next week or end of April.
The company has let the cat out by mentioning the INSERTION. ONE NEEDS SOMETHING TO HAVE JOINT PARTNERSHIP, that’s the clue, sell or buy more is one’s choice😊
This is 88 Energy, Home of the Glossy 3D Presentations, Billions of Barrels due to the company and home of the Duster.
It never ceases to amaze me that... "The Fully Funded Brigade" are aghast at a cash raise....We have no income!!!.. how else can we continue? Who knows what scheme these Bamboozlers are cooking up now... The price always plumets like a stone on any sniff of a cash raise....Im really glad l only own a few of these.... On the positive side its not over until the fat lady sings....Unfortunately she Gargling in the bathroom getting ready to perform...We are all hoping for the final RNS that gives us the pot of gold at the end of the Rainbow...Personally im ready to write off the loss good luck 88 ers
Slept on it and after reading the annual report, it's only fair to hold over Easter and see what they can deliver.
Can't give up on them now, especially after waiting for over 3 years.
GLTA!
Might it also be a way of getting some mates rates in before some great news?
" Results are to be announced once the flow back programme is completed and results analysed, which is anticipated to be at the end of this week."
Did people actually expect results at 7.00a.m? .
Nothing is guaranteed here, but if people were holding over the last week or so, why would you sell now?.
Orchestrated drop on no news.
Re- Insertion of proportion takeover provision: It’s a very good proposal ie the company is looking forward to times , if and when the need arises to have a partner, possibly after good flow results , in order to develop further, they will need a JV. Why panic selling, this is what the MM’s want, why not wait until the full flow tests and that might be just at the end of April. It’s my opinion , sell or hold is individual choice. GLA until next week or beyond.
I'm just going to sit on this until next week when the results come out, I don't fancy getting caught up in all this speculation.
IMO this dip isn't a leak about flow rates, it's most likely that some don't want to be locked in over the weekend. It's happened to many of us before when the RNS hits ASX first but I'm here for the ride.
I've only staked what I can afford to lose and will wait for the results, if your a trader then it looks like there is little to be made at the moment you may as well go to another board.
The panic selling is completely irrational! This is still a 50/50 bet and nothing has changed. I remain optimistic for the outcome of this drill.
Yes it’s people with TikTok disorder that are selling. For them if it doesn’t happen within less than 1 minute it’s too long to wait. So they sell out of frustration. Emotional selling.
All sounds good for the future. Very positive. Will buy more when you all stop selling so can you get it down some more. The panic selling is unbelievable on something that sounds so upbeat. Cheers Philip Byrne
Regardless the share price performance in anticipation has been woefully woeful.
People talking about levels pre results. It’s done what most shares don’t it has fallen in anticipation.
Odd.
They didn’t say they will publish a RNS this Thursday. They say results will be known end of week.
If somebody announces a date or timing for making certain results known to the public and they’re off by 100% or even more, then only one conclusion can be drawn: that somebody has not got a clue what he is talking about.
If you are repeatedly diluting shares the alternative would also be to borrow more repeatedly and pay interest repeatedly.
Assuming you diluted 3-4 times to get your 1000 shares to say 5000 then you would also have had to borrow 3-4 times paying interest every time. It makes sense to me but maybe I am not financially astute.
Yeah ....I noticed the trades going through either way are all very small....nothing amazing....would have thought this just going to bounce straight back up by afternoon, just seems like a bit of initial panic of the unknown...... but what do I know.