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Pilot Energy Limited’s Securities Suspension Continues Amid Compliance Issues

Story Highlights
  • Pilot Energy Limited’s securities remain suspended due to pending funding announcements.
  • The suspension continues until PGY complies with ASX listing rules, affecting market activities.
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Pilot Energy Limited’s Securities Suspension Continues Amid Compliance Issues

Pilot Energy Limited ( (AU:PGY) ) has shared an announcement.

Pilot Energy Limited, listed on the Australian Securities Exchange (ASX) under the ticker PGY, has announced the continuation of the suspension of its securities from quotation. This suspension, initially requested by the company in December 2024, is due to pending announcements regarding its funding and financing arrangements and the failure to lodge a relevant periodic report by the due date. The suspension will remain in place until the ASX is satisfied with PGY’s compliance with listing rules, impacting the company’s market activities and potentially affecting stakeholder confidence.

More about Pilot Energy Limited

Average Trading Volume: 3,310,390

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$8.27M

See more data about PGY stock on TipRanks’ Stock Analysis page.

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