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0.3¢ 88 energy limited

Hi Spinefx Any thoughts on the board changes? Despite how it’s...

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46 Posts.

6

10/02/21

18:42

Post #: 50872227
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Originally posted by spinefx: ↑

88 Energy Limited

Proposed placing to raise up to A$12 million

88 Energy Limited ("88 Energy" or the "Company") (ASX, AIM: 88E) today announces that it proposes to raise up to A$12 million (before expenses) pursuant to a placing (the "Placing") of new ordinary shares of no par value in the Company (the "Placing Shares") at a price per Placing Share of A$0.008 (equivalent to 0.45 pence) (the "Placing Price"). The Placing Price is equivalent to a discount of 27% to the closing price of the Company's shares on the Australian Securities Exchange ("ASX") on 9 February 2021, being the latest practicable date prior to this announcement, and a discount of 20% to the volume weighted average price on the ASX for the thirty days to 9 February 2021. The Company also announces that its shares have been placed in a trading halt on the ASX pending the release of an announcement in relation to the completion of the Placing

https://uk.advfn.com/p.php?pid=nmona&article=84290668

Apologies if previously posted.

Cheers, happy hump day

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Hi Spinefx

Any thoughts on the board changes?
Despite how it’s gone over the last few years I’d of hoped or hope for success with one drill outcome for DW. hopefully Merlin 1 is that one..

88E Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $86.67M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.2¢	$17.28K	6.156M

Buyers (Bids)

No.	Vol.	Price($)
603	879841591	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	496118710	131

View Market Depth

No.	Vol.	Price($)
601	879341591	0.002
164	800045242	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	476118710	130
0.004	350661291	175
0.005	135964998	82
0.006	48717855	45
0.007	84090607	37

Last trade - 16.10pm 20/06/2024 (20 minute delay)

88E (ASX) Chart

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