88E 50.0% 0.3¢ 88 energy limited

sorry, maybe I missed it .... but what is the outcome here ? am...

  1. 313 Posts.
    lightbulb Created with Sketch. 48
    sorry, maybe I missed it .... but what is the outcome here ?

    am I interpreting the recent Ann. correct and 88E has set out deeds to certain XCD holders to have access to their XCD shares or something of that nature - sorry new to reading these regulatory docs.

    all in all this does smell a little bit off .... 88E boss is major shareholder in XCD, .... XCD have no way to progress any projects (meaning 88E boss' holdings are doomed) so it looks like he is offloading his XCD investment using 88E cash (or trying to) under the guise of "it is good for 88E" ....... but seems so far it only looks good for the personal bank account of the 88E boss

    or do I get it all wrong there somewhere .....
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(50.0%)
Mkt cap ! $86.67M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $10.05K 3.566M

Buyers (Bids)

No. Vol. Price($)
152 214316072 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 581110328 194
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.