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An update from Pilot Energy Limited ( (AU:PGY) ) is now available.
Pilot Energy Limited has applied to the ASX for quotation of 12,274,209 new fully paid ordinary shares, issued under the company’s existing capital management arrangements. The additional securities, to be traded under the PGY code, will expand Pilot Energy’s quoted share capital and may enhance liquidity in its stock, signalling continued use of equity markets to support its corporate and funding activities.
The most recent analyst rating on (AU:PGY) stock is a Hold 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
Technical Sentiment Signal: Sell
Current Market Cap: A$10.79M
For detailed information about PGY stock, go to TipRanks’ Stock Analysis page.