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An update from Wildcat Petroleum Plc ( (GB:WCAT) ) is now available.
Wildcat Petroleum Plc announced the issuance of 255 million warrants to its directors and a consultant, with the aim of aligning interests with shareholders and conserving working capital. This strategic move requires the company to achieve a reverse takeover with a market capitalisation of at least £30 million, potentially impacting its market positioning.
More about Wildcat Petroleum Plc
Wildcat Petroleum Plc operates in the upstream sector of the petroleum industry, focusing on identifying and investing in business opportunities and assets.
YTD Price Performance: -13.33%
Average Trading Volume: 13,411,894
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.81M
For a thorough assessment of WCAT stock, go to TipRanks’ Stock Analysis page.