The trading halt firmly points to a capital raise/share issue rather than a loan.
In my view a small raise is positive, indicating faith in Charlie 1. Anything large is a negative, ($10m plus ) My view on Charlie 1 is its worth backing, and expect 88e to act in a manner consistent with minimizing dilution, while maintaining an appropriate cash buffer.
So we wait and see.
Ann: Trading Halt, page-34
Add 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $115.5M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $85.34K | 21.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 540 | 670161300 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 347726457 | 89 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.4¢ |
Change
0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.3¢ | 0.4¢ | 0.3¢ | 29274106 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| 88E (ASX) Chart |