88E 0.00% 0.2¢ 88 energy limited

ASX Today, page-11712

  1. 2,008 Posts.
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    Hey AW, I'll chime in and speak on my behalf only as a long-term investor here (since 2015),
    and a 708 (soph inv - industry terminology, not mine) and not part of an insto organisation; therefore, I qualified for placement stock and used it to supplement my long-held stock.

    To answer your question regarding the placement stock "take anything in the green"?
    the key to our success rests on the strength of the co and DW to achieve the co goals i.e. Farm-out,
    successful drilling campaign early 2019, etc. With this in mind, I'll be holding every single unit I own
    for a far greater prize than say, 5% (one pip) profit.

    Each to their own I guess, some will take anything in the green and that's very typical with
    placements of this nature, however, quality research into this co and the Alaska geo would
    suggest that IF the co can achieve its goals, and deliver the performance that we all expect,
    then the rewards to come will be well worth the risk and wait.

    Just my opinion.
    By the way, placement stock has not been credited to my account as yet.
    Last edited by spikeup: 20/11/18
 
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