88E 25.0% 0.2¢ 88 energy limited

Taking up your rights?, page-21

  1. 6,352 Posts.
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    That method requires that you sell at or above 1.8cps, then buy back at 1.8cps through the RI. I assume you dont want to buy them back for a higher price than what you sold them for, unless you're a very loyal and supportive shareholder...


    Its already trading at 1.8c and I dont see much on-market demand now, let alone to absorb a wave of selling from those using your strategy.


 
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