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Pilot Energy Limited ( (AU:PGY) ) just unveiled an update.
Pilot Energy Limited announced that 210,412,875 quoted options, exercisable at $0.033, will expire on August 25, 2025, and are currently ‘out of the money.’ Consequently, the company will not send personalized notices to option holders as per ASX Listing Rules. If the market price of the company’s shares exceeds the exercise price before the expiry date, an option expiry notice will be dispatched.
More about Pilot Energy Limited
Pilot Energy Limited is a junior oil and gas exploration and production company that is transitioning towards carbon management projects and the production of hydrogen and clean ammonia for export to the APAC Clean Energy markets. The company aims to leverage its existing oil and gas operations to develop Australia’s first offshore CO2 Storage Project by converting the Cliff Head Oil field for this purpose.
Average Trading Volume: 7,392,552
Technical Sentiment Signal: Sell
Current Market Cap: A$21.59M
For a thorough assessment of PGY stock, go to TipRanks’ Stock Analysis page.