The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
They love taking profit after it rises 0.2. Just an FYI, I would rather become a Liverpool FC supporter than sell myself short on this. I mean look at CAMBAY. look at the market cap!!!!
AND----- it's hasn't been diluted into hell like 88e or the other Meme stocks. This is an absolute beauty IMO.
GLA.
Morning Riders of Rohan,
Just bought 20k of this bad boy because pending Indian Government approval, I believe when drilling starts etc this will comfortably go above 1, perhaps 2 if we get idiot hype train. And then with positive results - god knows.
Can anyone kindly advise me when Indian Government approval is expected / likely?
GLA.
Hu11 - look at the history of the stock. The price has ramped up previously on the anticipation of oil, well before Reddit has become a thing. They might have exacerbated it last Friday, but there is usually an increase in sentiment when drilling starts!
I would love it if we had a strong blue day tomorrow to finish the week. LOVE IT as Kevin Keegan put it.
Some good points below - got a couple more weeks drilling; with two potential RNS pieces
1) Drilling Progress
2) Results from Drill
Can see upside going into Friday and early next week in anticipation.
Yolo. There's bit of bickering / sourness creeping in on this board considering you only live once. I have been a shareholder in 88e for a while now. Too long infact. I've resisted coming on here until recently, probably because I was put off for life by the bong heads aka RobinHood traders on stocktwits. But something tells me this drill could be different. A last hurrah. A send off for Dave. I met him down in London and despite the criticism he get's on here from time to time, I can tell you he's as straight as an arrow. And you know that when you see the whites of peoples eyes. I believe we need a bit more positivity around one another, it's been absolute ****e at times, but it's these moments / the anticipation that something special could be delivered that's worth savouring and waiting for. And if it goes to ****, so what, at least i've lived a little. And if we strike oil, see you at the Strip Clubs in June.
The only scenario where 0.50 happens is if the drill is completed and they are unsuccessful in getting oil. But no chance before then as the market is awaiting results. It could quite easily hype up to 1.50 again before this results are announced due to anticipation.
Indeed well said Gekko, ironically Gekko would think more along the lines of 5p + being "awesome", but I certainly catch your drift. When there are major rises like this has seen - consolidation like this is actually healthy, particularly if it closes above circa 1.10. That would be a strong finish going into the rest of the week with pending news on the horizon. GLA.
Remember Harrier is not "dead" it is most likely differed to next season - that is something to get behind then. Right now we focus on positive results from current dig. If Merlin is successful and the money that would generate then the Harrier project would become academic in the short term!
Main thing is the dig has commenced the first site. Due to the political climate and restrictions in Alaska that is a risk in itself. So if we get good results here no one is going to give a monkeys about the second dig I can tell you that. Ok higher cost but they have the cash on hand to do it and it has not affected operations. GLA
A lot people on here don't seem to understand RI - we are now in EX RIGHTS meaning that the shares are now in circulation. What is going to affect the SP now is not the rights issue - it will be the race between the vaccine and covid. The risk of entering now is that vaccine delivery could be delayed seriously hampering this summer's holidays again, which will be so crucial for Tui and CO revenues.
Agreed - not the sort of stock that something is going to happen overnight, but happy to leave a couple of thousand in for a year or so. Put it this way - you would kick yourself if you weren't in this the day they announce bookings are up. I mean look at the price! GLA.
Could easily double in price in 12 months. Their software RAPID is excellent for supply chains and have done well considering COVID - strong balance sheet I am long on this.
Potential great recovery stock this. Invested 5k. As education / demand for up skilling increases, Malvern could do particularly well in the UK now that there is more clarity on VISA applicants / process.
As we come out of the pandemic, income will greatly increase and costs will be streamlined as they focus on the UK skills. The CEO has lots of experience focussing on education in the UK and Malvern can optimise this revenue stream now the burden of the Asia schools has been lifted for the time being.
GLA.
Good result and plenty more to come. Imagine the warrants are the only reason this has stayed below 3.00 today.
I am buying more stock today curn. It’s a great opportunity for me to average down my original 2.60 buy! The idea of people bailing out before a single result baffles me.
Great info Trek thanks. It’s helpful to know these things.
In Carribean we trust. There are so many results to come this thing is going to gather a lot more momentum as the days pass and we build up towards these results. There will always be the impatient type that bail because of a small delay but as Michael J Burry said in Big Short - that's just stupid, Lawrence. You've got to give this thing a chance the potential in Wudinna is massive. I take the completion of Stage 1 as entirely positive - remember this is only stage 1 not 10. Any weakness in share price and I will add more in tomorrow as the returns will be excellent.
Regards
Wet Bandit
Great summary - thanks very much. I have 1 million and 24 shares and I am not removing any until the claw from Toy Story removes the loot from the area of interest.
Carribean - do you see any change in status once warrants elapse tomorrow?
BRG Chris