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0.3¢ 88 energy limited

Ann: Operations Update - Additional Interim Results from Drilling, page-154

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excitable2

3,352 Posts.

748

07/03/19

19:10

Post #: 37690181
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Originally posted by Lazarus65 ↑

It's one of those double edged swords. It is difficult to be an o&g speccky explorer without access to the liquidity and capital markets represented by the AIM...hence the dual listing ASX (home) and AIM (capital). I believe about 65% of our share register is traded on the AIM. They certainly represented about 2/3 of the traded volume. However, the AIM has two things unfamiliar to us here on the ASX: the use of market makers to provide liquidity pools for trade, and the absence of many rules that we have here....most notably the rules allowing trading halts. They are more difficult to obtain there. However they still have comparable rules to us as to continuous disclosure obligations. Hence the timeline of last weeks palaver. Of course wording in any announcement is a separate issue all together...and that one has been done to death here.

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"Hence the timeline of last weeks palaver..."

Yes indeed mate, a cadaver palaver even.

I sure read it as dead in the water, and reduced.

Anyhoo, well over half a billion traded now last few sessions here and there so any remnant overhang is now well sorted.

Fingers crossed all.
Oh, and @docmin , I vote stay... please?

88E Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
18 Upvote

0 Great analysis

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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $57.86M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
95	111865058	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	622595119	224

View Market Depth

No.	Vol.	Price($)
392	1227558997	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	5375412	5
0.003	578667432	226
0.004	223019047	110
0.005	59085042	48
0.006	35128234	35

Last trade - 09.33am 01/10/2024 (20 minute delay)

88E (ASX) Chart

Day chart unavailable

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