88E 25.0% 0.2¢ 88 energy limited

Letter to Eligible Shareholders – pro-rata non-renounceable...

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    Letter to Eligible Shareholders – pro-rata non-renounceable rights issueAs announced on 3rd October 2018, 88 Energy Limited (ACN 072 964 179) (Company) is undertaking a pro rata non-renounceable rights issue (Rights Issue or Offer) of approximately one (1) fully paid ordinary shares (New Shares) for every seven (7) fully paid ordinary shares held to raise approximately $14.33m / £7.96m. The price of New Shares under the Offer is $0.018 / £0.01 per share (Issue Price). The Company lodged an Offer Document (Offer Document) on 5th October 2018.The Offer is being made to all current holders of:• ordinary shares; and• depositary interests;of the Company, named on its register of members at 7.00 p.m. (AEDT) in respect of ordinary shareholders and 6.00 p.m. (London time) in respect of depositary interest holders on 10th October 2018, whose registered address is in Australia, New Zealand or the United Kingdom (Eligible Shareholders). The Offer is not underwritten
 
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0.2¢
Change
-0.001(25.0%)
Mkt cap ! $57.86M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $14.88K 7.499M

Buyers (Bids)

No. Vol. Price($)
492 1332555095 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 140220652 31
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