88E 0.00% 0.2¢ 88 energy limited

Ann: Placement to Raise $14.9M, page-12

  1. 6,600 Posts.
    lightbulb Created with Sketch. 523
    eh?.....
    so le's ol drifta get this right/...eh.....??
    they just gunna issue another 1 BILLION 650 MILLION shares ( 1,650,000,000 ) taking the grand total of share on issue for 88E of near NINETEEN BILLION (19,000,000,000 ) ???......

    so at 1 cent, this 88E is trading at a market cap of $190 MILLION...??

    My 2 questions are.....

    1) who the hell is buying a company with a market cap of $190 MILLION that has never produced anything but continual cash raises...??

    2) Why is **E not trading around a market cap of $19 MILLION which would then equate to shares having a price of 1/10th of a cent (0.001) ?.....

    drifta eredicta eredica predictaercta
    #88ECRnow19BILLIONsharesowe#
    #trillionshares#
    #blownawaydriftaeredicta#
    #OOPSLOL#
 
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Mkt cap ! $57.78M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $339.0K 169.1M

Buyers (Bids)

No. Vol. Price($)
175 259984909 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 549727964 139
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
88E (ASX) Chart
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