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88 Energy shares could add more than a third in coming months

The ‘King of Charts’ Zak Mir is tipping oil and gas explorer 88 Energy ltd (LON:88E, ASX:88E) to add more than a third to its share price over the coming weeks and months.

In the latest episode of the Proactive Investors Bulletin Board, Mir says: “The view at the moment is while we’re above the 50-day moving average of 2.3p we could at least retest the August resistance zone towards 3.5p.”

Quick facts: 88 Energy Ltd

Price: 0.28 GBX

AIM:88E
Market: AIM
Market Cap: £19.91 m
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88 Energy ltd boss: things are looking good, potential for farm-out

88 Energy ltd (LON:88E) Managing Director Dave Wall tells Proactive Investors that how the company has been through a period of consolidation including fundraising and acquisitions. "We've raised A25mln, we've finalized the purchase of 170,000 acres, we've completed the acquisition of some 2D...

on 08/02/2016

2 min read