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Sharebel
You are a proven bad actor at this point, your credibility is zero
It is all the MMs fault, blah, blah, blah
Jesus Oldcodger you just woken up? Yes im sure you are exhausted advising all day on a hotline from Oz those ii not to buy here or partake in the placing shares…trouble is they already did! Forward selling and cheap placing all part of the serivce eh! You need to get a life or a better paid job than doing the shorts bidding! GREEN BOXED cannot waste another minute on your utter fud and diatribe! IMHO DYOR
Dealer55 with silly comments like that you’re best out of the stockmarket and perhaps take your pennies to your local dive casino at the bookies.
Well cash in bank 17.4 MILLION and a further 5.8 MILLION on its way. I am sure we can do something with that over the next 12 months! Oil being put into production via JV major (possible 100% ownership Phoenix if remaining 25% buy out rumour true) and all of our projects progressed and securely underpinned just as the price of oil is doing a sponsored climb to Kilimanjaro! IMHO DYOR
The biggest takeaway from this debacle has been the companies behavior, not the rampers so much, rampers are a fact of life like pimples for teenagers, annoying ugly and festering, but a known that can be adjusted for and sanitized with a little fact checking
Companies are held to much higher account, and make no mistake the life blood of this company is its shareholders wallets.
In this regard the over spin on the flow test results is horrendous, the average reader read and understood the peaks of 50 bopd and 70 bopd as meaningful indicators of success, exactly as the writer intended, later the hidden truths in the fine print emerged, only 4 barrels from the SMDB and 24.8 from the USFS were produced
Further to this 88e have actively tweeted out promotional articles such as frontiersman, in which the 50 and 70 bopd is presented as produced, quote "In a second “flow test,” the well produced 50 barrels per day of high quality crude oil"
As we all know this is false, that test produced 4 barrels, 88e knew this when they tweeted out the link
Strategically it is a major blunder to be caught in the headlights like this, faith in the management teams integrity with communications is severely dented
Shareholders deserve to know the straight up facts of their investments, especially when being asked to fund yet again
Seahawk it’s my opinion that they have so what is it to you, my opinion? You disagree but then you have nothing whatsoever to do with 88E same as I have no stake in PANR. My opinion based on numerous years in the market is that they have majority been forward sold. Whether that is via shorting to affect and lower the share price in tandem (boiler room crew parked here based Oz) and then cover with the placing shares. You need to look at the volume traded and fhe free float available which has been hugely exceeded on numeous occasions recently- where was it coming from explain that? This is exactly what happened at COPL but it wasnt exposed until too late in the day when a fund shorted nearly 50% of the company before a raise they were involved in. It may be that the placing was agreed at a higher level and then the combo of naked shorting and ii shorts brought down the share price against the 2 x gamechanger news we had in the space of a few weeks. The trading patterns were highly unusual and the heavy volume of buys v very little selling were not affecting the ask but a tiny sell would immediately bring it down. There was a lot of ‘bait and switch’ going on! I don’t care if you disagree that scenario has happened and played out a million times on AIM and main market. Do not be so naive to think it doesn’t! I think there is very little left now in reality. Today was a good day to buy. Even holders were not minded to sell as why would they? A few disgruntled pi’s yes but where was the stock coming from to fill eg the large buy prints we saw. There will be many more delayed obviously as to not fully let the cat out of the bag just yet! IMHO DYOR - note IMHO in my humble opinion DYOR do your own research
Brombarb, '88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) (88 Energy or the Company) confirms that its
Annual General Meeting (AGM) will be held on Thursday, 2 May 2024'
Was there a reason for the change? That was posted on 1st March 2024
All time low I believe. Still allowed to capital raise on the. All of nothing.
Casino not viable company. House and company always win.
New 52 Week Low Today
88 Energy Ltd
EEENF:OTCPK
*Data is delayed | Exchange | USD
Last | 1:10 PM EDT
0.0022 -0.0005 (-19.1176%)
Volume 32,171,394
https://www.cnbc.com/quotes/EEENF?qsearchterm=
15:23
Unfortunately you did not need a crystal ball to know that a CR was inevitable, there is no magic money tree out there and for a junior explorer options are very limited.
Would those invested (only ones who matter) prefer the company does nothing , be unable to pay rents and ultimately cease trading?
At the moment forget all the talk of more dilution ,what is important going forward is whether any funding raised is going to be used wisely to grow the business and utimately create shareholder value.
I suspect that the BLM leases will ultimately be given up leaving us with Phoenix, Leonis, Icewine West and Namibia, I am discounting Longhorn as development opportunities are limited, can these projects work?
The company has promised cost savings at head office level but there is no detail yet apart from the information that Robert Benkovik 's contract will not be renewed but as far as I aware that is all so far.
Finally the Company's AGM is 13th May, I would suggest that investors should not waste their votes , voting via UK brokers is (if HL is a good example) very simple with minimum effort, by I believe 8th May.
well indeed eye spy some chunky buys… but but they didnt listen to tosspot, *******sthebuilder, wetlettucebe, old duffer, munnie******, scrotum126 et al how odd they haven’t taken their advice and seemingly bought shed loads! well knock me down with a feather! imho dyor
23-apr-24 17:07:05 0.166 5,500,000 unknown* 0.16 0.165 9,130 o
23-apr-24 15:57:34 0.165 25,000,000 unknown* 0.16 0.165 41.25k o
23-apr-24 11:44:58 0.1595 20,000,000 unknown* 0.16 0.165 31.90k o
23-apr-24 13:29:48 0.1605 20,000,000 unknown* 0.16 0.165 32.10k o
23-apr-24 15:57:34 0.165 25,000,000 unknown* 0.16 0.165 41.25k o
23-apr-24 15:54:51 0.165 25,000,000 unknown* 0.16 0.165 41.25k o
23-apr-24 14:49:33 0.165 15,987,909 unknown* 0.16 0.165 26.38k o
23-apr-24 12:40:31 0.162 6,270,123 unknown* 0.16 0.165 10.16k o
No
You have absolutely no idea that these shares have been forward sold, so you are telling porkies right there. Judging by the fact they have had to offer a 40% discount these new shares are not exactly popular. There are going to be over 3Bn new shares that are going to be sold as quickly as they can making them a very nice profit. So don't set people up to lose money only complete shy..ers do that.
No horizontal until they find a partner with deep pockets Polly
Wer finanziert die Horizontalbohrung???
Sharebel, final free bit of advice to make some gains (rather than losing it on 88e)... buy a few PANR before the end of this week. Aphun LK report due, including commerciality assessment.
Up to you.
Or... you could stick to 88e placings and dribble down stock price here and lose out yet again.
Sharebel, er yes,I think whoever bought 99k worth at .22 is very,very worried, and so he should be.but you will be fine as you're probably up 20% today and 50% up on the week. Going by your Walter mitty calculations .the only person in aim history to have made money on shares that have fallen 30% 50% 70% three gone bust,but you made money on them all,amazing.
You are certainly polishing that turd well!
GL.
88 Energy ist darauf angewiesen, bis 2025 Käufer oder Investoren zu finden, um eine erneute Kapitalverwässerung zu vermeiden.Andernfalls könnte der Aktienkurs auf das Minimum von 0,0001 fallen.
No.
yawn munnie thanks see you off you go close the door behind you. you were never in only a shorting spreadbet wazzock churning out the same post for your friday beer money. now posting fantasy.
derampers and 88e critics - it’s done get over it - i have! this is the stockmarket it’s a tough game but play the players and buy. we already know it has been majority forward sold so get over it. the one thing you had in your pathetic ****nal was shaking the stick at investors that there would be a placing always using that eg as a thread title to shove in some fear. companies place and raise. they should have waited and raised higher but now holders or new entrants, you have same opportunity right now to buy at placing price for the moment . take the opportunity don’t take it i really don’t care! but today we have built a stronger balance sheet to now make the move from explorer to oil producer a reality and absolve any doubt that we have enough funds to get it done!
i don’t care what bashers say dont buy then i really only care about what i’m doing or what the market makers are doing and will comment in response when i see manipulation. do you think eg the buyer of 90k’s worth last week @22 is worried? no sir! i’m in for half that amount…may be more if i feel like it and now with a super sweet average! imho dyor
'people have been warning for days', there have also been rampers with conflicting posts so yes obvious to derampers and those that believed them. As for me I heard both sides but didn't buy or sell. Not head in the sand just not prepared to take a loss. I would rather sit on them longer and hope for the best. In hindsight we would all be right and rich if we cherry picked information.
Ssccss
So many warnings but none as blind as those who will not see, I guess.
Keep buying, Sharebel.
Next placing will be after Summer most likely. The Sp will dwindle down to the 0 1's. But it doesnt matter to 88e as they can keep placing all the way down to the 0.000001s as long as there are Sharebels out there to participate.
Sharebel: 99% down... "Its MM manipulation! Buy!!!"
Also Sharebel: 99% down over all and 3% up on the day... "whooohoooo its going to the MOON!!"
Also Sharebel: 99.999% down... "MM manipulation!! Buy!!!"
Classic AIM gerbil.
Anyway. Think the point here is well proven.
See you again at 0.1p
Bought in to this a few years back and then sold at its highest. Always had one eye on the share price and seen it is super low. I can see that there is a placing. Would you say it’s worth a shot and buy back in?
I really don't know how much more obvious it could have been this week. 3 consecutive RNS's... All those news articles... Yet nothing of substance in any of them. PR frenzy before the placing and a rubbish placing only raising £5million at a 40% discount. Pretty atrocious.
Taximan, it can't have been a shock... People have been warning for days...