Excellent post by Scot on LSE
'The most immediate and simplest question to ask is if the 88E BoD and management are investing their own cash at 0.16p (AU0.3c) in this fundraise? If you're trying to work out whether there's fundamental value at this all time low fundraise price then listen to what the insiders are telling you. I suggest their non-involvement in this fundraise is deafening.'
News: 88E 88 Energy Proposes Placing To Raise Up To A$9.8 Mln, page-2
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Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $28.93M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.1¢ | $199.0K | 99.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 324 | 1147945493 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 601285123 | 228 |
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| Last trade - 15.59pm 06/09/2024 (20 minute delay) ? |
| 88E (ASX) Chart |