88E will be practicing Consolidated Accounting with its subsidiaries, this is normal.
But that can enable concealment of information, this is usual. This could be deliberate or just by the nature of the process. But without AEA Accounts we do not know the full picture of that companies business such as:
The financial contribution received from BEX compared to the same from 88E?
How ownership of the highly valuable Intellectual Property is held - is this fully in AEA, or fully in BEX or shared ownership in some way?
Is the bank loan held by AEA or 88E?
Such questions are of interest to 88E shareholders (me anyway) and are of interest to potential buyer of our Central North Slopes assets.
They also affect what 88E shareholders would receive if 88E and/or any of the subsidiaries were to enter receivership.
Phrontist
88E will be practicing Consolidated Accounting with its...
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0.2¢ |
Change
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Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $20K | 10.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 182 | 174177231 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 599471151 | 243 |
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