Member Info for guzzler1962

LeMajor, yes I've been around long enough to know when Wall says no need to raise, what he means is, "go on lads buy buy buy, get the SP up so I can, er, raise."
And when questioned about it his response will be, "plans change".

So that's the first time in the 5 year history of 88e that there's no requirement to raise cash?
Is Dilution Dave talking porkies again?

muscat
"and he has always made plain the risks involved"
from that statement I'll assume you haven't spoken to him face to face!
He promised to pay my mortgage off 3 years ago.

Ah, so Corona is the problem?
Good to know since I was under the impression that not getting any commercial oil to surface was the reason for all time lows.
Cheers.

https://www.paigntonzoo.org.uk/plan-your-visit/whats-on/events/detail/the-great-big-brick-safari

Was pleased to have the opportunity to vent some frustration yesterday on the zoom call.
Even more pleased to see that Sarah and Trudy fully understand the frustrations and are working towards returning sentiment and shareholder value.
Obviously nothing price sensitive or not already in the public domain discussed but the right noises were made in my opinion.
Sarah in particular appears to have a good understanding of how the market works.
Covid has unfortunately put the brakes on us just when we were looking to flourish.
But we are positioned to survive and kick on with events beginning to open.
Paignton Zoo for example, 5 month contract from August.
Hopefully better times ahead.

Reopens today with our Supersized exhibition on show.
Lets see if anyone can call the product rubbish? Of course they can't.
Its world class!
https://youtu.be/Heajble0KiY

I declined the offer to speak to him this evening. My choice.
You could say its heartening he reached out instead of hiding.
At least communication lines are still open.
My email today would have left him in no doubt as to my feelings as a long time shareholder.
I expect July 7th zoom call will be lively.
I did however take a small nibble this afternoon, my first top up for a while.

Bed&Isa can be done at bid price with a minimum loss of shares but you may need to ring your broker.

https://hotcopper.com.au/threads/ann-88e-and-xcd-to-merge-via-recommended-takeover-offer.5383753/

Interesting point regarding Aussie tax year, could curtail any short term rise, although maybe offset if AIM leads and the herd arrives with positive sentiment.

Spinefx,
All is pretty good thanks, been in complete lockdown for nearly 10 weeks. Family is safe and that is priority.
I've done OK out of 88e, lost on one of the early results because I chose to stay in. Won't make that mistake again and certainly won't overexpose myself here.
Its been a good learning curve, those that like to shout the loudest about the naysayers just prove they've learnt nothing here. They probably never will.
Will buying now see a 30%+ return?
Its possible. As stated previously, after a disaster at some point there's a catalyst for a rise and an opportunity to make money.
Now could be that time.
Good luck.

thebamf,
Wall will manage to create a spike at some point, he always does, and usually from a bad position.
You could argue that the now low Mcap is more attractive to traders.
But as always, punt money only and be nimble because we all know what he likes to do to a rising SP.

Is he now claiming PMO are misleading their shareholders?

Seahawk, thanks for confirming that and understanding the thread.
It isn't about whether PMO were a good fit or not, it's about what DW alluded to his shareholders what he would deliver.
He did the same with a second independent report.
He'll be telling everyone he doesn't need to raise next.
Hang on, he's already pulled that card.

He promised an Everton and landed an Accrington Stanley

ross, you're missing the point regarding PMO.
The thread is about DW and trust.
He promised Tier 1.
He even alluded to an extended deadline meant Tier 1 interest.
He did similar with a second independent report after Ice1.
Something for us all to look forward to after the initial disappointment.
Something to maintain our interest and keep us hooked in.
Then there is Winx.
As stated, a salesman who continues to rake it in.

Phron.
Charlie was a massive success?
For months, maybe years Wall hinted at a Tier1 partner.
What he delivered was PMO, who very recently only had a Mcap twice the size of 88e.
And they were his preferred choice!
He's a salesman, selling a dream whilst raking it in.

Jiddy,
Very rarely have we seen eye to eye regarding DW.
As you know I lost trust in him a while back, possibly during Ice2.
Of course, that's not to say money can't be made here.
When the SP is at a low he always finds a way to encourage buyers, what those buyers need to be mindful of is he will utilise FOMO to raise.
Australian penny stocks and their BODs have a poor reputation.
It seems inconceivable that 88e have fallen into this bracket.
Who would have thought that leading up to Ice1?
Sincerely hope losses are recouped here for all those that backed him.
Good luck.

sheps, average of 0.55p sold at 2.3p.
A mistake at the time since it went higher.
I've been in and out a couple of times with mixed success, never holding for results.
I have friends in higher, very much locked in now.
I've been highlighting the red flags here for a long time much to the despair of Walls fan club.
If you're new and have a low average you might make money, just ignore the noise about how high this will go and what a great guy Wall is.
Good luck.