88E 25.0% 0.2¢ 88 energy limited

The only reason it is rights issue is because he cannot get fund...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,274 Posts.
    lightbulb Created with Sketch. 28
    The only reason it is rights issue is because he cannot get fund from other sources. As a rights issue for a spec stock is expensive with all the details involved , then you have the shortfall costs.
    Raising from SI only incurs broke costs and filings, quick and easy.
    Either way will have the same impact on the SP.
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(25.0%)
Mkt cap ! $57.86M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $101.1K 50.90M

Buyers (Bids)

No. Vol. Price($)
513 1358284432 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 99856179 19
View Market Depth
Last trade - 15.59pm 20/11/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.