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Isnt it a much more comfortable ride with a share like this? slow movement but currently going in the right direction, add on 2 dividends to come in 2021, maybe even a good report or two .....we can sleep soundly once again after slippers and cocoa
counting black horses as we fall asleep

Hopalong yes l own shares but over the years sold at the wrong time. I still own a few... There is always a chance 88 will get big I've never denied that l always refer to the billions of barrels of oil. But as duster Dave says after 5 drills so far we haven't got any.. I'm sorry if you people see that as negative but we want these billions of barrels of oil in a tanker on the way to your local shell garage not under the ice in Alaska ..unfortunately the oil is still in Alaska

Kpasa with 28 posts I've been here as an investor for years and like many people have not done very well.. I say it as l see it. This is not a facebook hug everybody board it's a discussion board and that includes both negative and positive discussion.. I think you will find what l say is true though it's not to the liking of the 88 faithful and that's ok

You don't get to a price of 0.25p a share overnight first you have to botch up a drill then add shares usually via a cash raise.. This half a million is just a tiny taster welcome to the world of 88 Energy lead by the great Oil Baron Duster Dave

Don't forget Duster Dave usually slips in a cash raise soon after an unsuccessful drill just to keep us on our toes and skint

There are few companies that can boast that each year after the inevitable bad announcement after the drill the share price drops 50-75 percent but good lord woe betide if you use the word duster. On this occasion oil is there but duster Dave didn't hit the spot.. what's the betting we have acquired a few more acres?

Im thinking the same lloyds up less than the FTSE a bit disapointing

Last week 88 was worth almost half a billion pounds yet we dont own a building a desk or a chair, we lease the land we drill on
we get companies to farm be cause we cant afford to and we raise money for our annual dig which Duster Dave usually manages to do but unsuccesfully .... there is of course oil in the ground but it always seems to be one step to far..
what next ? If it really is as people here say it is then The Big Boys will be here with offers if not its a cash raise and ashare price of 0.25p and good luck with the next drill... Premier Oil invested 23 Million in a drill but before you could say oily clay they were packed up and on their way home good luck all

with over 12 billion shares there are plenty of spare shares for people who want to hold

Dead cats bounce

For us Long Term Holders it's like groundhog day. Cash is raised, glossy pics and a presentation, billions of barrels of oil owned by 88, drill announced, then lots of back slapping here and we're going to be millionaires tommorow Rodney.. Lots of positive RNSs from DW.. Price going up.. Feeling of joy..
Then the final announcement.. The Bombshell sorry folks things didn't go to plan but let's have a cash raise and try again... .now pain and sadness.. but the share price?? you guessed it as sure as eggs is eggs sub 1p and diving like a submarine avoiding depth charges

Clearly you are new to 88 we always get positive news before the bombshell

Deep pockets? 88? There are no pockets at all here I'm afraid it's cash raise at every opportunity l think we had 5 billion shares when l first came mow 12.5 billion who knows how many next time

Positive news?? good lord l would not wish to see the negative news

When it gets back to its usual duster price of 0.25p

Billions of barrels of oil due to 88 but Duster Dave has a dodgy drill.. Best drill yet says duster Dave.. not Sure everyone will agree with that.. Fat lady won't be singing today

Robleo l think the point you made that you feel it will come back is valid simply because it's fallen so far partly because of covid and the recession but l believe mostly because of the stopping of the dividend ..just paying the dividend alone will boost the price. Progressive dividend policy means progressive share price increase.. Good reports and good profits equal 60-70p

I know l keep saying this but Lloyds is a slow burn share as sure as eggs is eggs this beauty will slowly climb the ladder of the share price sometimes one step forward two steps back because shares go down as well as up. But the progressive dividend policy arm in arm with even mediocre results will give us 50p if your willing to wait a little longer for better results and increasing dividend then the elusive 60-70p range may yet appear on our horizons. Personality l will be delighted with an August interim dividend of 0.5-1p range.. Again any dividend is a good dividend in this financial climate. The good old days of 3.1p dividend per year are gone and may take a while to return .lm in for the long term and I'm staying for both income and growth because l expect both in the long term

Almost 10 percent of our 12 billion shares were traded today

The big question is which hat will DW wear at 6000 feet? Hero Dave maker of Millionaires? Or his usual Duster Dave hat