Petrel Resources (CDI) (PET)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 2.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 3.15
  • 52 Week Low: 0.95
  • Currency: UK Pounds
  • Shares Issued: 183.87m
  • Volume: 4,747
  • Market Cap: £3.68m
  • RiskGrade: 380

Petrel raises £0.4m via placing

By Josh White

Date: Wednesday 26 Sep 2018

LONDON (ShareCast) - (Sharecast News) - Petrel announced on Wednesday that it has raised £0.4m before expenses via the placing of 21,621,622 ordinary shares with new investors, at a price of 1.85p per placing share.
The AIM-traded company said the placing shares represented approximately 20.68% of its issued share capital, as enlarged by the placing.

It said the net proceeds of the placing would fund any costs associated with the ongoing negotiations regarding its Ghanaian assets, and would also provide it with additional working capital, as its board continued to assess new projects.

"Following the admission of the placing shares, there will be a total of 104,557,246 ordinary shares in issue with each share carrying the right of one vote," Petrel's board said in its statement.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PET Market Data

Currency UK Pounds
Share Price 2.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 3.15
52 Week Low 0.95
Volume 4,747
Shares Issued 183.87m
Market Cap £3.68m
RiskGrade 380

PET Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.83% below the market average63.83% below the market average63.83% below the market average63.83% below the market average63.83% below the market average
28.95% below the sector average28.95% below the sector average28.95% below the sector average28.95% below the sector average28.95% below the sector average
Price Trend
47.51% below the market average47.51% below the market average47.51% below the market average47.51% below the market average47.51% below the market average
95.12% above the sector average95.12% above the sector average95.12% above the sector average95.12% above the sector average95.12% above the sector average
Income Not Available
Growth Not Available

PET Dividends

No dividends found

Trades for 19-Apr-2024

Time Volume / Share Price
16:05 4,747 @ 2.05p

PET Key Personnel

Chair David Horgan
Finance Director James Finn

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