88E 25.0% 0.2¢ 88 energy limited

Meso, I also was not not impressed by the rules set out in the...

  1. 2,819 Posts.
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    Meso, I also was not not impressed by the rules set out in the PR's for Dave, initially. Was glad to see the amendments made and feel that shareholders may have had a hand in that, I may be wrong on that though.

    I also feel anyone buying in at these levels should see some gains, as Dave emphasised in the latest Q&A Vox Markets podcast, we are currently in a trough and history says that is normally followed by a peak.

    Some will say that Dave's just trying to milk shareholders for money because he can't raise from institutions, history says that's incorrect.

    Some will say he's in this for the salary and the lifestyle, again I disagree. Not many employees of a business are prepared to put nearly all of their post tax income back into the company they work for and open themselves up to investors on the level that Dave does.

    He has the most to gain from creating value for shareholders, as he's one of the largest. From a base of 1.8c(ish) I think things look, well, pretty good.

    I know nothing of the Farm-out proccess and am happy to wait until next year for that should it not come to fruition this year, as there should be enough interest in Winx to provide opportunities for those choose to, trade the trade.

    As much as it seems like 88e have traveled in a, 3 steps forward 2 steps back journey, in my mind at least, there are no backward steps. Just delays in moving forward. That's oil exploration in Alaska, as I now know.

    Long winded post myself, so apologies also.

    At 1.8c(ish) do I want more? Yes please.

    Cheers, happy Sunday.
 
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