RE: 88e is set for 3p next week11 Feb 2022 13:55
No chance, this is going to drop to the 1.85 as whoever the investors are that bought in are going to be selling hard. They did not buy in for a long term investment with a company that even if the drill finds oil, it is trapped for the next 5/10 years minimum. Even then Conico hold all the cards as it will be their infrastructure that will need connecting to. They will just wait it out until 88e are no more then buy up the leases. I say all this as an ex 88e investor for 6 years.