l agree its only a matter of time until we reach 50p but will it be quick or a long slow haul up the side of the mountain..
im ok with either way because im certain we will get there. but many others are even more optimistic with cries of 60p and 70p l see no reason that these figures cannot be achieved in the long term
Things are looking up , Broker Reccomendation of 51p , its a while now since we have been under 40p the notorious glass ceiling. Unfortunately we seem to be stuck inbetween 40-42p at the moment. Im not complaining as most of my shares were bought at sub 30p and the XD is less than a month away, then hopefully a good interim Dividend in August, Over half the Country has now had Covid Jab, I believe the Ecconomy will start to improve in time.... For me this is an absolute no brainer.... Reasonably Safe slow burn long term hold for income and growth... as soon as l get spare cash l will buy more.. Just my thoughts and feelings about the Shares
1.5??? you can buy at 1.4 now
Well ASX closed at 1.56 pence or 2.8 cents leaving us with the baton this morning.. What will happen? Many see the oil guys Taking shares instead of having money as a sign that hitting a gusher is now 100 percent certain. This means the faithful hold and possibly top up. The buying frenzy looks like it will continue until we here some other significant information... But as a long term shareholder I was at the 4p spike believing it was Everest base camp. I was at the last penny spike before we hit 0.25p....is this the one l sincerly hope so but the history of 88 is ugly brutal and merciless to its shareholders
nobody really knows market forces will dictate
maybe the guys who are working for shares will work for more shares on Harrier 1
5p based on what??
Just offered 1.4625 on HL to sell
Justice can we have the Pound Party at yours
Our Farmer partner Premier Oil Endorsed their Drill with 23 Million Dollars look how that turned out Oily Clay yet again ..
All im saying is its not a forgone conclusion
Nobody knows what will happen when the drill hits 6000 feet
Not You, Not me, Not DW, Not the Reddit boys
What we are certain of is that oil is there.. If we hit oil well thats somthing completly different
he's just putting his own spin on DWs appraisal and the Reddit boys are bowing down like he's a guru. It's just one man's opinion but he's pushing to ramp 88 in a big way.. But you must remember what goes up must come down
We do a cash raise and Australia is up 32 percent. We owe money and they don't want cash they want some of our now bloated 12.5 billion shares.. And to top it all the 88 share price will rocket today..... This is the stuff of science fiction.. You couldn't make this up... On the positive side I'm glad I'm in.....
I can understand why people want to keep these shares long term. That's because I'm keeping mine long term. The dividend will increase year on year until the next crisis and l believe 50-70p can be achieved. No reason in the long term why we can't get back to 3p a share dividend
88 are now in Hargreaves Lansdown top 10 Buys/Sells not seen that in a few years
The days of 30-60p are long gone. 2-3p is still a distant dream 1.6-1.7p was recently seen for one moment in time as the hustlers pumped and then dumped. looks like were here to hover around 1p until DW tells us what he has found at 6000 feet.... just pray its not the usual oily clay with 3D pics to follow in a few months and a report that says billions of barrels of oil are actually there but unfortunately on this occasion we did not hit the spot...... just for once please hit the spot ...thats all everyone on this board is asking
Elllllltelinv im just an ordinary person and long term shareholder saying what l think
as for shorting and deramping l would not know where to start.
l sold out most of my shares a while ago at a considerable loss. but l blame no one because on a risk scale of 1-10 this is a 10 the highest risk... ive recently done very well with FTSE 100 blue chips and l will stay there for income and growth
but l recently thought l would try again to see if things were different, l currently own 222000 shares and as far as im concerned thats enough ..l wont become a millionaire and l wont become destitute either.
When l last looked this is a discussion board for 88....l will say what l think and its not to short, ramp, deramp or any of the terms you care to use.. because if you think a man with 222,000 shares and an opinion can affect this share in any way you are an imbecile
Technical bounce? Really? The price has been pushed up by the pump and dump guys.. The party's over now. I believe this will drift now until we get drill results. To be honest few here are super confident.... Most of us have been here several times before with the announcement of "sorry no money here better luck with the next drill or farmout"
Well since I've been with 88 we have gone from 5 billion shares to 12 billion so clearly we need a proper result this time. Fingers crossed
and all this is already fully funded?
Bigpat how many times do you think we can drill without success? And still keep going as a company?