88E 0.00% 0.2¢ 88 energy limited

Something amiss? Perhaps so, but purely in terms of ST,...

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  1. 1,800 Posts.
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    Something amiss? Perhaps so, but purely in terms of ST, speculative market sentiment only. IMO. I think Exci nailed it when he said that everything just feels heavy. Each tick up on the SP represents an increase in market cap, of approx A$6.5m. Coupled with fully committed LTH’s; trapped STH’s looking to tap out with any uptick; lingering overhang from recent CR; and an apprehension that FOMO fueled SP may prove to be an irresistible CR trigger for a risk averse BoD - that is a heavy load indeed. Especially for speculative forces. Will need substantive FA catalysts like Winx success and/or news of FO on good terms, to move the needle materially.  IMO.

     I’m OK with that. I’m happier for SP moves to be based on substance from here on in. It will be more likely to be more sustainable.  IMO.

    Not long now.  GLTA.
    Last edited by Lazarus65: 06/02/19
 
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