88E 0.00% 0.2¢ 88 energy limited

I was comparing between OEL, 88E and RMP on which one represents...

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  1. 2,283 Posts.
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    I was comparing between OEL, 88E and RMP on which one represents a better deal in terms of exposure to the upcoming Winx drill as they all really have roughly the same interest in Winx.

    I ended up buying into RMP as their market cap is only $40mil with current $9mil in cash.

    OEL is a producer but they are probably going to need a small capital raise either this or next quarter due to alot of exploration commitments .

    88E - I had wanted to choose this mob as they are well funded with $20mil+ cash but at $120mil market cap currently I'm not sure on the asset base that justifies this value. Suppose Winx hits good oil, it could double from these levels for a 2x bagger ?

    Good luck to Winx!
 
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Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
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