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88 Energy Announces Share Consolidation Approval

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88 Energy Announces Share Consolidation Approval

Confident Investing Starts Here:

The latest update is out from 88 Energy ( (AU:88E) ).

88 Energy Limited has received shareholder approval for a significant consolidation of its capital, converting every twenty-five shares into one. This move, effective from 6 May 2025, aims to streamline the company’s share structure, potentially enhancing its market positioning and attractiveness to investors.

More about 88 Energy

88 Energy Limited is a company operating in the energy sector, focusing on oil and gas exploration and production. It is listed on multiple exchanges including ASX, AIM, and OTC, indicating a broad market focus and international presence.

YTD Price Performance: -22.50%

Average Trading Volume: 19,516,249

Technical Sentiment Signal: Strong Buy

Current Market Cap: £21.08M

For a thorough assessment of 88E stock, go to TipRanks’ Stock Analysis page.

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