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0.3¢ 88 energy limited

Ann: Operations Update - Additional Interim Results from Drilling, page-150

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nateOstrike

116 Posts.

5

07/03/19

14:26

Post #: 37686363
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Originally posted by Lazarus65: ↑

It's one of those double edged swords. It is difficult to be an o&g speccky explorer without access to the liquidity and capital markets represented by the AIM...hence the dual listing ASX (home) and AIM (capital). I believe about 65% of our share register is traded on the AIM. They certainly represented about 2/3 of the traded volume. However, the AIM has two things unfamiliar to us here on the ASX: the use of market makers to provide liquidity pools for trade, and the absence of many rules that we have here....most notably the rules allowing trading halts. They are more difficult to obtain there. However they still have comparable rules to us as to continuous disclosure obligations. Hence the timeline of last weeks palaver. Of course wording in any announcement is a separate issue all together...and that one has been done to death here.

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All good. Thank you for the info. I prefer to stay away from this now. Cheers.

88E Price at posting: 2.2¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 0.3¢		Change 0.001(25.0%)		Mkt cap ! $72.33M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.2¢	$13.79K	6.363M

Buyers (Bids)

No.	Vol.	Price($)
167	177652467	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	613821341	251

View Market Depth

No.	Vol.	Price($)
165	172607467	0.002
313	839837130	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	593701247	249
0.004	179567663	115
0.005	56649999	47
0.006	91658756	33
0.007	41442109	25

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