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An announcement from 88 Energy ( (AU:88E) ) is now available.
88 Energy Limited has announced the issuance of 75 million unquoted securities, exercisable at $0.0055 and expiring on May 6, 2028. This move is part of a previously announced transaction, reflecting the company’s strategic efforts to bolster its financial position and operational capabilities in the competitive energy market.
More about 88 Energy
88 Energy Limited operates in the energy sector, focusing on oil and gas exploration and production. The company is primarily engaged in developing energy resources in Alaska, aiming to enhance its market presence in the oil and gas industry.
YTD Price Performance: -22.50%
Average Trading Volume: 19,516,249
Technical Sentiment Signal: Strong Buy
Current Market Cap: £21.08M
For detailed information about 88E stock, go to TipRanks’ Stock Analysis page.