88E 0.00% 0.2¢ 88 energy limited

On a slow news day..., page-6

  1. 2,819 Posts.
    lightbulb Created with Sketch. 434
    Ex, that is a great point you make,

    "The market still sees us as a 100mill option on forward success"

    Undoubtedly, that is exactly what we are.

    The current price, discounted to the Rights Issue on low volumes, IMHO, doesn't mean to much and we shouldn't read to much into it.

    I'd say it's more a case of some investors clearing out of spec plays at Xmas, put some cash into the pockets and come back next year.

    They are not concerned if a Farm-out falls before year end and they miss any potential boost there, they'll come back and trade into Winx. Of course there may not be any farm-out news this year, in which case they have missed nothing.

    It's Xmas time, be happy, kind to family and friends and don't get stuck watching the share price, unless of course you're selling.

    What will be will be.

    Cheers happy hump day all.
 
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