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Pilot Energy Limited ( (AU:PGY) ) just unveiled an update.
Pilot Energy Limited has announced the cessation of 10 million listed options (PGYAD), which carried an exercise price of A$0.07 and an expiry date of 4 November 2025, after these options expired without being exercised or converted. The lapse of these options results in a reduction in the company’s potential future share dilution and slightly simplifies its capital structure, though it does not immediately affect the current number of issued shares or the company’s operational activities.
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 is an Australian-listed energy company focused on exploration and development activities in the energy sector, with its securities traded on the ASX under the code PGY.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.77M
Find detailed analytics on PGY stock on TipRanks’ Stock Analysis page.