Replies to post #31997 on 88 Energy Ltd (EEENF)

[Poor bastard]

COP?

[timtxus]

If it were just solely related to reg a capital raising, there’s no need to halt trading. I have a feeling there’s much more to the announcement especially everything they have been doing for the past few months like paying off debts points to a significant announcement.

[missile_systems]

That could be but some folks on other platforms are claiming ASE rules allow for only 1 cash raise in a calendar year and 88 E already had one this year.

Just sayin

[dinogreeves]

Yes, probably a share issuance. Another one bites the dust or maybe a buyout.