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0.3¢ 88 energy limited

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Flexmw

46 Posts.

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10/02/21

18:42

Post #: 50872227
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Originally posted by spinefx: ↑

88 Energy Limited

Proposed placing to raise up to A$12 million

88 Energy Limited ("88 Energy" or the "Company") (ASX, AIM: 88E) today announces that it proposes to raise up to A$12 million (before expenses) pursuant to a placing (the "Placing") of new ordinary shares of no par value in the Company (the "Placing Shares") at a price per Placing Share of A$0.008 (equivalent to 0.45 pence) (the "Placing Price"). The Placing Price is equivalent to a discount of 27% to the closing price of the Company's shares on the Australian Securities Exchange ("ASX") on 9 February 2021, being the latest practicable date prior to this announcement, and a discount of 20% to the volume weighted average price on the ASX for the thirty days to 9 February 2021. The Company also announces that its shares have been placed in a trading halt on the ASX pending the release of an announcement in relation to the completion of the Placing

https://uk.advfn.com/p.php?pid=nmona&article=84290668

Apologies if previously posted.

Cheers, happy hump day

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Hi Spinefx

Any thoughts on the board changes?
Despite how it’s gone over the last few years I’d of hoped or hope for success with one drill outcome for DW. hopefully Merlin 1 is that one..

88E Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $72.33M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.2¢	$10.31K	3.524M

Buyers (Bids)

No.	Vol.	Price($)
103	117472110	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	581555640	234

View Market Depth

No.	Vol.	Price($)
103	117472110	0.002
480	1208179524	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	581555640	234
0.004	180365275	116
0.005	50939555	42
0.006	46478654	36
0.007	43505108	25

Last trade - 11.50am 02/10/2024 (20 minute delay)

88E (ASX) Chart