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Sorry - just a point of clarification - do you mean you would not be surprised if one or two people did tale a position/you would be surprised if one or two people did not take a position? Just wanted to clarify for myself as your statement says that you do not expect anyone to take a position due to the double negative :-)
That would be because it's likely, which is the opposite of unlikely, and now it will be flow tested to see if it is. Only then can anyone say anything definitive. Unless it was unlikely, and thus no flow testing would likely be carried out, likely is the only possible word they could use until its prived or otherwise. In all likelihood.
That's a couple of times the word "tanking" has been used today in relation to the SP. Its seems some posters are looking at different SP charts than me, -3% intraday (+6% from the days low) and +7% over a one month period (+28% over 6 months) doesn't look like tanking to me.
tank
/ta?k/
INFORMAL•US
fail completely, especially at great financial cost.
Well, one poster did lament that they had "suspended the drill" earlier this morning and questioned why they didn't carry on. I assume they were hoping that it would indeed reach the oily core of the planet, or even pop out the other side in time.
If the placing is above buy price, then it's all good. If not there may be a bit of a wait to get back into the blue. But with time and patience not many people have lost money on this, as there has consistently been a profit point for any buyer over the last few years (unless you were really unlucky and bought the 4p spike). This time my buy price is 1.6, so the placing is fine by me to build for the future, and at least double my investment, if not a lot more.
https://www.fool.com.au/2021/08/31/heres-why-the-88-energy-asx-88e-share-price-is-frozen-today/