If they decided to place it would be at the offer price.
I emailed 88E today and that was their straight up answer.
Also mikemike on LSE had a similar response from Dave earlier...
''Has to be same price so the downrampers talking about steep discounts are wrong...
Our investor pool will look more at the price prior to the rights and the recent update.
David Wall
Managing Director
88 Energy Ltd
News: 88E 88 Energy Says Applications For New Shares Raises $3.6 Million In Rights Issue, page-37
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.15K | 574.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 481 | 1316816095 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 132432533 | 30 |
View Market Depth
| Last trade - 11.53am 20/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |
