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88 Energy Updates Small Holding Share Sale Facility

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88 Energy Updates Small Holding Share Sale Facility

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88 Energy ( (AU:88E) ) has shared an announcement.

88 Energy Limited has updated its Small Holding Share Sale Facility, which allows shareholders with less than $500 worth of shares to sell or adjust their holdings. The company has received retention forms from 1,419 shareholders and facilitated transactions for 860 shareholders, resulting in a total of 46,141,266 shares available for sale. The sale of these shares will be managed by Euroz Hartleys Limited, with proceeds distributed to shareholders based on their share sales. This initiative aims to streamline shareholder holdings and potentially enhance market liquidity.

More about 88 Energy

88 Energy Limited is a company operating in the energy sector, primarily focusing on oil and gas exploration and production. The company’s market focus includes shareholders and investors interested in energy resources, particularly in regions where it operates.

Average Trading Volume: 1,328,697

Technical Sentiment Signal: Sell

Current Market Cap: A$25.46M

For detailed information about 88E stock, go to TipRanks’ Stock Analysis page.

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