88E 50.0% 0.3¢ 88 energy limited

From LSE on proposed raising, page-101

  1. 2,781 Posts.
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    “The Placing was significantly oversubscribed.” really?

    “Company will have 5,557,964,694 ordinary shares in issue” that’s a lot of shares. He’s issuing ~1 billion shares a year. At the current rate by the time anything is monitised, we will be left with bread crumbs.

    I don’t believe much of DW says, I think he’s next move going to be a consolidation.
 
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