RE: 88E's game of pass the parcel22 Feb 2024 14:43
It happens every year.... ice pad ready, rig on its way 88E price goes up. Then goes down. Rapidly, and before UK investors smell their first coffee of the day.
How many times have we woken to see a strong Friday close get wiped out on the ozzie market.
Now add Namibia, the inevitable cash raise to fund said venture.... I would think twice about buying 88 again. Took me nearly 4 years to get return for my modest investment.