88 Energy Share Discussion Threads

[iamgreat1] 22/1/2020 16:27

Placing shares have been dumped into market for a few days so the placees are happy

[lgraham86] 22/1/2020 16:23

My Average is 0.92 mate how you work that out im just sayin the situation as i see it, run along

[saint in exile] 22/1/2020 16:22

You're going to be a nervous wreck Graham mate.You're already up to high doe! lol

[lgraham86] 22/1/2020 15:54

Just hope there no issues with the drillOr any delay. Finger crossed

[rodrod1] 22/1/2020 15:48

I think the deal has already been done and dusted. We will know 10pm when ASX release news that 88e readmitted

[lgraham86] 22/1/2020 15:44

Still waiting on the terms and price of this placing, hopefully an rns is issued, sooner the better

[wolansm] 22/1/2020 15:03

That's a massive amount shares changing hand with still time to go. Assuming it's 50/50 but to sell otherwise much greater change in price.

[saint in exile] 22/1/2020 12:40

If OSH hit commercial oil in the Torok it will spark increased interest here thats for sure

[atticusfinch1] 22/1/2020 11:21

My only frustration is being in meetings all morning and missing boat to top up at 1.2... still I averaged up anyway at 1.25.. as sitting in good profit.

[pro_s2009] 22/1/2020 11:05

Moving back up :)

[pro_s2009] 22/1/2020 10:28

No worries... Exciting times ahead Alistair.

[alistair4444] 22/1/2020 10:18

Thanks pro for all your posts today!

[pro_s2009] 22/1/2020 09:40

If its unsolicited then it should be a good price, like 0.24 AUD (1.25p)

Lowest should be 0.23 AUD in my opinion, which would be 1.2p

[pro_s2009] 22/1/2020 09:39

"Got an email reply from Dave:

'Unsolicited demand and Board level decision to accept it in order to have a slightly larger balance sheet buffer to ensure against unforeseen circumstances.

Dilution minimal and hopefully not too much angst given share price has doubled since the last placement. '

Hope this helps."

[diversification] 22/1/2020 08:36

Never say never!

[avsome1968] 22/1/2020 08:19

Going to spend a hour or so catch up with all the news here.

[pro_s2009] 22/1/2020 08:17

Hi....good time to buy there avsome.

London missed out in Sept when funds were raised in Oz. Wonder if Cenkos will do the placing in London this time, 3m to 4m AUD at whatever price it is. Would be good if 1.25p or above.

[avsome1968] 22/1/2020 08:14

HI PRO


thought I would have a punt here grabbed a few first thing

[pro_s2009] 22/1/2020 08:14

Could be raising at 1.1p or 1.15p or 1.2p or 1.25p or 1.3p or 1.35p.......

Will be interesting to see........ Given the recent selling down to 1.25p levels on rises......perhaps it might be a fund raise at 1.25p ?



........It is currently intended that any such capital raising will utilise the Company's existing authorities and will not be subject to shareholder approval. The Company confirms that no terms for any such capital raising have been agreed and there can be no guarantee that a capital raising will be completed. .........

[bigsi2] 22/1/2020 08:12

Happy to buy in at 1.2Explains the price manipulation from 1.15

[bigsi2] 22/1/2020 08:11

And something which never ceases to amaze - RNS are often not read carefully. READ what it ACTUALLY says not what implies.

[nina65] 22/1/2020 08:10

IT is not the end of the world .every company fundraises ...no big deal..