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Nice read Lyndon69 11:22
I'm surprised people have not commented on this positive action by PREM
£6.10 by Tuesday when the FTSE100 news hits again
Same on 88e at 08:08 very odd trading
Really, all those low trades at 08:08, someone coming to play with 88e today?
OTC popped 43% rise earlier, hopefully they will deliver a good foundation for ASX to continue...
Why do you think Merlin will still be part of 88e's acreage next season?
If flow rates are proven in the coming days/weeks, surely a deal will be done????
Wolves 07:41 you quote 37% which was before the drill started turning.
Think the odds have changed now oil has been found.
Yes flow still needs proving but no longer talking about 37%
DYOR and read the last 4 RNS's....
Does nobody read the RNS's, yes go read a few of the recent ones, you'll find it in Black & White.
88e is fully funded for the next 2 drills next year and Brucey bonus the driller took shares this year, so saved $6m spend. "Derampers" no cash raise is required... 88e is a fully funded oil exploration company.
88e is not an oil production company so watch this space to see what they do with the oil they have found...
FULLY FUNDED?
Didn't one of the recent RNS's state 88e were fully funded for next 2 drills. Then this drill saved $6m of that cash due to driller taking shares.
Why should they need to give away more shares before 2022 with all those "fully funded" $'s in the bank?
88 Energy Ltd
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15:49... I’ll have to take the last 2...
I’m not 2.4m tall either,,,, I guess I can claim to be shaped like an 8....
Hope you weighed yourself at 08:08 this morning....
Ddraig: 12:40 I read your post and thought wow, maybe I could be 88.8kg too...rushed straight upstairs and jumped on the scales....
Poop my bubble burst as my scales are obviously wrong and I’m 98.8kg poop poop poop
And your point of AIM & ASX being closed on Monday but not OTC may be the main reason MM’s created panic selling on Thursday on both markets to allow enough shares to be in play for OTC on Monday.... did the UK and AU get rinsed to keep feeding the OTC beast?
Best post of the week
The value of our shares may bounce around all week but nothing has changed.
All hinges on the next news. If it’s good we’ll all be talking about prices higher than we’ve seen before. If it’s bad news, we’ll be back to where we started..
IMHO Today’s price is only relevant if you want to buy or sell...
Roll on Monday night...
MM’s certainly created some panic selling today...
Same as most days in the last week but today was mega by comparison.
Anyone who sells/buys today is already doing so in next years tax year, work out the settlement dates and you’ll see how this long weekend affects your buys and sells today...settlement date from my trades yesterday is Wednesday 6th April and today’s buys showing as Thursday 7th April.... both in next years tax year
gffy47 14:18
I agree, the payback if we see what we’d all like to see is definitely not a good comparison to a roulette tables 50/50 red or black.
Is the chance of winning any better than 50/50?
I like everyone on here don’t know the answer..if we did we wouldn’t consider if we needed to de risk before the final announcement.
But I’m still in, so happy like most to take the chance..
If you were in a casino and held five £10k chips, would you place them all on the table on red or black?
Gonna be some fun posts tomorrow before 12 noon...
Who’ll get caught and bite?
And who’ll realise someone’s biting and just add to their pain.... you know you will..