Tap Oil needing support

Elise ShawMarkets Online Editor

Updated Sep 4, 2015 – 5.55am, first published at 3.15am

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UBS maintains a "sell" recommendation on Tap Oil with a price target at 26¢.

"Tap has admitted it will struggle to meet its $US10 million minimum liquidity threshold on September 30 when its next repayment is due.

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