I agree west coast, no debt is the key here. The biggest problem we have at the moment is the chart. It looks ugly and until it levels out or some announcement can stem the decline we are going to continue being knee deep in poop. I was sure the announcement the other day would have been a positive, but still we continue down.
I am hopeful that over the Xmas break, e88 can bounce back up. You would expect the December quarter to be a good cash flow result, so fingers crossed the strong selling stops.
E88 Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held