Member Info for Ddraig

11.49 - dimension ;-)

11.38 - Looking at the changes to both 88 and PANR operational timings I'd say the stars have lined them up to be very similar timing of news releases now. Which certainly adds an extra detention of peoples thought processes...

11.29 - Speak for yourself by all means but would prefer you leave me out of your generalisation please. I am enjoying the extra attention the share has received and that extra lime light could provide as additional fuel for the fire at results time. I like to believe in the positives for events and explore the opportunities they offer.

9.52 - I think there was a report a coupe of days ago that suggested 35% odd...that'd be $150bn odd, which I'm sure isn't the intention of the government but thats the challenge with unconditional funding...we will see. Unsure when the funds will be available to people, if electronic transfer (most likely) then it may well be today.
Notwithstanding it could be zero impact to 88e OTC...
Don't know, can't control therefore no point concerning myself about it.

17.03 - this is live judging by the difference in volume data...but you can use what you want...
https://www.cnbc.com/quotes/EEENF?qsearchterm=

Maybe consider and online broker...they don't have the option of not picking up the phone

current GBP/USD at 1.391

Currently looks like the US has come to meet us at about 1.1p volume c.67m
For anyone who's interested here the CNBC feed:
https://www.cnbc.com/quotes/EEENF?qsearchterm=
You make need to copy and past into a browser page.

I prefer to look at this myself than rely on others 'spinning' the actual data
Hard to say for certain but appears to be live price as opposed to delayed.

I do find it interesting that the US tail is suddenly wagging the dog but maybe, as they are assets on US land, we shouldn't be surprised the US is the dog and 88e is the tail that steers them.

12.16 - I think the summary is that there is an additional large investor base now in the US now which is good when they are buying (demand) but of course where any decide its not for them then there is that additional supply base. The finer inner workings are for interest really.

Looking at it again its possible that these are effectively not wrapped in ADRs..whilst ADRs are available I think the OTC market has the ability to provide a share market the same as AIM or ASX, the difference is its off exchange therefore the regulation is different (ie you aren't 'protected' by the rules of a listing) and the flexibility is different, you can check out Charles Schwab (discount brokerage) for more details. That risk is somewhat diminished given the company as a whole is regulated in AUS and the UK so gives comfort to a US investor/trader. Whatever, US investors will still be running FX risk. If USD significantly weakened against the AUD or GBP the effective purchase cost to a US investor goes up in USD terms where the share price in GBP or AUD remains the same. Equally if an investor already hold the stock and USD weakens , they will make a USD return if they sell at the same price and convert back to USD (excluding fees, commissions and taxes). Another way of looking at it, the US price can move around and still be fair value to a stagnant UK price if GBP/USD is volatile. Unless there is a big movement in GBP/USD you probably won't be able to see this much given the spreads of not only the share price bid/offer, but also the spread bid/offer inherently quoted for the FX within the USD OTC price.
I'll leave everyones heads alone now....;-)

10.47 - None of us can change the past or see into the future. I'm afraid you'll just have to live in the present like the rest of us.

11.24 - There you'd be making the assumption that volume is contract numbers, chances are they decompound the package ratio and therefore the volume are the underlying shares....of course as we all understand the difference between ASX matched market and AIM...I'm not 100% sure which convention they use, most likely AIM, in that buy and sell volumes are aggregated.

11.05 - No problem, happy to apply past experience and everyone can decide if they themselves find it useful.

PS - ADR's have a standardised contract structure for a given security but OTC means 'Over the counter' therefore the contracts are bilateral off exchange trades.

10.18 - The OTC market works off ADRs (American Depository Receipts) think of it like financial tin foil 'wrapping' a product, in this case 88e shares. I believe each OTC contract represents a 'package' of 10 shares. If an OTC broker/provider sells 1 OTC EEENF then effectively they have sold 10 88E shares. To hedge themselves (assuming they don't want to a position and they start from a flat position) they would buy the requisite number of shares from the listed market (in this case AIM in London). remember the additional risk/exposure the OTC guys need to manage is the FX risk. EEENF is quoted and sold in USD but stock purchased in GBP or, at a push, AUD.

Effectively its layering another middle man, If someone in the UK buys off the exchange there are 3 parties, buyer, seller and broker/intermediary. With ADRs there is a buyer, a seller and 2 brokers (AIM and OTC ). Notwithstanding an OTC broker will be gaining and losing stock through other OTC buys and sells. It's their net position they would hedge through AIM/ASX.
AIMHU

15.39 - Thanks Nightmareland99

maybe just my link..

Is it just me or have admin unilaterally struck out everything after 19.41 yesterday.... can't say I blame them...

Its more influential what the narrative is in the US across the 'investor' sites. Assume those a polar opposites in shovel loads!