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An update from Pilot Energy Limited ( (AU:PGY) ) is now available.
Pilot Energy Limited has issued 527,390,794 new shares to sophisticated, institutional and professional investors under a placement first announced on 28 January 2026, relying on disclosure exemptions in the Corporations Act. The company has lodged a cleansing notice confirming that the shares were issued without a prospectus, that it is up to date with its financial reporting and continuous disclosure obligations, and that there is no excluded information, clearing the way for the new securities to be freely tradable and reinforcing regulatory compliance for existing and new shareholders.
The most recent analyst rating on (AU:PGY) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Pilot Energy Limited stock, see the AU:PGY Stock Forecast page.
More about Pilot Energy Limited
Pilot Energy Limited (ASX: PGY) is an Australian-listed company operating in the energy sector, with its securities held by a mix of sophisticated, institutional and professional investors.
Technical Sentiment Signal: Sell
Current Market Cap: A$10.85M
See more data about PGY stock on TipRanks’ Stock Analysis page.