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Surely, better to wait until after placing to average down, to avoid further dilution. The placing will have to be done at a discount.
Mystic. I’m not saying “told you so” I am saying buy….berk
This is the bottom IMO. I’m waiting for funds to clear but I will buy ASAP at this price
MMO
Your blinkers are fogging up, no one is saying I told you so or gloating
Chrisev1
88e dont reply
Cenkos are their nomad
ASX are independent, and have some regulatory compliance power
Every investor here has a right to demand answers of 88e after those RNS's
Of course you do mate. You have nothing better to do in life than to come to a board and watch us all suffer to say "I told you so" - where as I'm actually a committed shareholders, who now has a better average. I'm not going to even entertain you any longer, just speaking to you turns my stomach. Goodbye
To green bin them is a waist of Time as they will only reinvent themselves, just ignore them.
MMO
Yes that is exactly what I think you are, a blind pumper, working a dump strategy that went wrong
09:24
I can understand 88E, but why ASX & Cenkos?
My post 15/04
Floor Price15 Apr 2024 13:20
We are now at 2020 levels so this maybe the floor. My personal view is it will head to 0.19 because of the future CR and consolidation that will surely come.
88e has to meet cost of phase 3? Namibia payment June and will need funds to meet operating expenses soon
DYOR. All my opinion
Older - you say pumper, people like myself actually hold shares for the long term here. This drop allowed me to purchase cheaper shares and average down to now 0.0028p
You honestly think I'm here just to "pump" when I'm accumulating shares on the dips...
Imagine you are here everyday, just replying to investors and enjoying watching them suffer without holding an actual position. Your day will come Older. Karma will come for you, you sick old fook. You deserve whatever you will get too.
They are trying to goad you so they can get a response, best to just green bin them as any attempt to respond will be met with 5-6 posts, don't be your own worst enemy whatever knowledge they may have is teinted with spite, do yourselves a favour :-)
MMO
You have done a great job of describing the pump and dump bad actors here, running their disinformation to con the gullible out of their hard earned cash
GLTA some IMO ST trading may be possible.
ASX closed 004. ( Another 20% drop)
Presentation likely prep for for SI CR. (maybe very soon) They will be low on cash after payment of flow test and Namibia payment due June.
DYOR.
This company could close. They can’t get a placing away down here.
They have handled things so badly. They deserved it. Poor shareholders and me.
Olderwiser is he a robot does he sleep.
If I can summarize the opinion of the pump brigade, the posters that have provided the warning bells on 88e, are the problem
Has it occurred to these manipulating rampers, that I do not post for the benefit of the rampers
Can you imagine the profit these scoundrels might have gotten out at, if no one had provided the required balance. At least less mugs averaged up, or paid an inflated price to finish here, Some open minded rational investors may even have gotten out in time
So back to the poster being the problem again
Nothing to do with 88e itself,
its RNS mess,
the geology,
the 4 barrels flow test,
the urgent need to capital raise,
the down dip location,
the 2D seismic estimates on volumetrics
Etc
0.019p that's got to be a new all time low....who are these people that say were going up...what nonsense
Loading tf up and not giving people like you the satisfaction of saying "I told you so".
The SP is dropping but the news is positive, so for now there is nothing much to be said until it begins to reverse.
You want to know what actually disgusts me. The fact people like yourself, Scott and Older enjoy coming over here to say I told you so without holding a position. If you lot were shorting the stock, then all is fair in love and war. But just knowing that it's out of pure satisfaction of watching others fail, it just shows the kind of people you lot are. It's something I don't like to associate myself with as that's a losers mentality.
You lot should actually consider your life choices. That's why I've stayed quiet, because to engage in a conversation with people who enjoy watching others suffer is shameful. Good luck.
Market Cap £50m .. £9m cash... no debt.. conservative income from longhorn $8m .. starting to look a cheap share to me.
They changed a word:
'PEAK flow rate of ~50 barrels of oil per day'
the Monday RNS stated 'INSTANTANEOUS' flow rate of ~50 barrels of oil per day'.
Semantics? Well they thought it was worth changing. Still very much need an interview to provide confidence in the headline numbers.
26 Mar 2024 18:32
“I anticipate Mystic Mac will have disappeared in a week after his rampathon and a lot of confused naive punters will be left holding a rather expensive baby.
Bookmark this post”
Where you gone Mr Mystic?????
Chrisev1
ASX, 88e, Cenkos
Lol Kag yes I’m using a free app as if! No a bona fide broker son! The free app tiny trades working their ticket alongside deliberate ii short tiny deposit direct into system trades - I noted the drop and time of eg a sell trade 8.22 for the sum of 0.11p and on that trade they dropped it to 20 v 21. All noted recorded and will be sent to market abuse team. Many tiny trade sells 0.11p on repeat and others! IMHO DYOR
From FCA Market Abuse rules
‘3) entering small orders into an electronic trading system, at prices which are higher than the previous bid or lower than the previous offer, in order to move the price of the qualifying investment, other than for legitimate reasons;‘
06:56
Which ones?
If there was anything better to say, they would have put it in the RNS. It's disappointing but not unexpected. Leading with peak flow rates is such a telling sign though because it gives such an incomplete picture.