Petrel Resources Share Price (PET)

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Share Name Share Symbol Market Type Share ISIN Share Description
Petrel Resources Plc LSE:PET London Ordinary Share IE0001340177 ORD EUR0.0125 (CDI)
  Price Change % Change Share Price Shares Traded Last Trade
  -0.05 -1.72% 2.85 242,241 08:00:00
Bid Price Offer Price High Price Low Price Open Price
2.80 2.90 2.85 2.85 2.85
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers -1.66 -1.27 4
Last Trade Time Trade Type Trade Size Trade Price Currency
10:33:43 O 100,000 2.879 GBX
Related Shares
Bp (BP.), Royal Dutch Shell (RDSA), Spitfire Oil (SRO), Nautilus Marine Services (NAUT)

Petrel Resources (PET) Latest News

Petrel Resources News

Date Time Source Headline
12/3/202114:46UKREGPetrel Resources PLC Update on migration of uncertificated shares
23/2/202111:21UKREGPetrel Resources PLC Result of Extraordinary General Meeting
25/1/202107:00UKREGPetrel Resources PLC Notice of Extraordinary General Meeting
21/9/202021:20ALNCIN BRIEF: Petrel Resources Posts Widened Loss In First Half
21/9/202007:00UKREGPetrel Resources PLC Interim Statement
18/8/202016:41UKREGPetrel Resources PLC Second Price Monitoring Extn
18/8/202016:36UKREGPetrel Resources PLC Price Monitoring Extension
24/7/202011:44UKREGPetrel Resources PLC Results of Annual General Meeting
15/6/202011:26ALNCPetrel Annual Loss Widens On Impairment, Higher Expenses
15/6/202007:00UKREGPetrel Resources PLC Preliminary Results for the Year Ended 31/12/19
More Petrel Resources News
Petrel Resources Investors    Petrel Resources Takeover Rumours

Petrel Resources (PET) Discussions and Chat

Petrel Resources Forums and Chat

Date Time Title Posts
15/4/202107:53PETREL resources14,256
13/4/202116:21Petrel Resources finally set to deliver?19,119
12/6/202013:16Petrol Resources all hype and bull shit just like Bula and the Albert scam50
19/5/202014:10Petrel Resources Charts, News and Press Articles500
18/5/202007:56Put this sick pet down now96

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Petrel Resources (PET) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:33:442.88100,0002,879.00O
08:01:452.8832,281929.69O
07:42:172.8884,6502,437.92O
07:01:252.8125,310709.95O
View all Petrel Resources trades in real-time

Petrel Resources (PET) Top Chat Posts

DateSubject
15/4/2021
09:20		Petrel Resources Daily Update: Petrel Resources Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker PET. The last closing price for Petrel Resources was 2.90p.
Petrel Resources Plc has a 4 week average price of 2.45p and a 12 week average price of 2.45p.
The 1 year high share price is 7.10p while the 1 year low share price is currently 2.45p.
There are currently 157,038,467 shares in issue and the average daily traded volume is 704,045 shares. The market capitalisation of Petrel Resources Plc is £4,475,596.31.
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08/4/2021
14:42		fenners66: Its April 2021. Share price goes up a little. So KD unearths articles from February .... which made zero difference then and the believers lap it up.... Conveniently forgetting all the other times that nothing happened. Seems PET is a game of pass the parcel. People join the game hoping to pass the parcel on to someone else. Trouble is some of the players know when the music stops... and you don't want to be left holding otherwise you sit around and wait for the next game.... a year , a decade, 2 decades. .... a century ?
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07/4/2021
22:19		abeygale: On that two day rise on PET I would of shorted the DOW that also dropped hundreds because I followed COVID from day one in China. NCYT and SNG are the first two I would of bought with my PET profits. Also they was already on my main stock watch page. As I was only interested in stocks only to do with COVID. However IG let you use the profits on every rise, and I would of used them to increase my penny share positions and shorts on the DOW. The DOW that I was obsessed in shorting dropped from 32K to 19K. The mining stocks that I was interested in all became bargain prices, while the COVID stocks I would of been buying such as BATM, NCYT and SNG and many others just kept on rising. If I had huge profits from covid stocks I would of used them to buy Alba at 0.07p, Shanta Gold at 6p, Valirix at 5p. Alba rose to over 0.6p, Shanta rose to over 14p, Valirix rose to over 60p. To make all of this a lot worst I lost out on Argo Blockchain that was a favourite of mine to watch. They rose from 3.5p to over £3.00 a share. Online Blockchain rose from 12p to over 60p. Clear Leisure rose from 0.2p to over 4p a share. All ones I wanted to buy, because I been watching them for too long, and I would of been so rich from the DOW and Covid stocks I would of bought them all. Now I decieded I must dabble again, and give up facebook and my social life to be able to save 100 percent, which is £1,000 a month. I was earning money on ebay, and just using it to fund an every day social life and sports betting. I regret giving up after PET since I could of at least got back 100K even after my mistake by trying again, instead of wasting my money on others and on sports betting. I now have seen success on COPL that is worth £1,800 at 0.38p, and should come back at over 0.8p a share. I also have around £3,500 in other stocks. With playing the AOC online game and my investing I am starting to feel happy again with myself.
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18/2/2021
13:33		fenners66: La La Land in fantasy overdrive .... "walterwhite1 18 Feb '21 - 12:31 - 18852 of 18853 Bron. An excellent suggestion regarding RGP being used as the vehicle to take PET out. If RGP is to be used as a shell to reverse Petrel into what will happen to the PET share price? And what value do people place on the value of PETS current assets?" Do these fantasists ever bother reading the accounts and RNS's ? The concert party had 51% of PET literally in their hands - but could not or would not pay the £0.5m so let the shares go... Now some fantasist thinks that RGP - who Actually have a worse Balance Sheet than PET are going to buy PET? !! Also not seen any shareholding RNS's about Tamraz at RGP so they would have to buy that first.... "would not or could not" The Desperation to start another rumour just to get somebody to buy PET shares and get the price back up is palpable. 18 months since CP bought some shares and nothing else. Shares on credit - not paid for. 90 days to come up with a plan....15m later... nothing. Zoom meetings , no can do Ghana ... nothing Offshore Ireland ... nothing Iraq ... nothing. News from Paris a kd ramp ... nothing. Directors' remuneration .... ongoing , now some PAID ! More expense and admin cost , ongoing.
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18/2/2021
12:31		walterwhite1: Bron. An excellent suggestion regarding RGP being used as the vehicle to take PET out. If RGP is to be used as a shell to reverse Petrel into what will happen to the PET share price? And what value do people place on the value of PETS current assets?
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15/2/2021
10:56		kdickson: Daily reminder again on how easy it is to send your EGM Proxy vote to your broker.... REMEMBER it's got to be sent by this Wednesday at the very latest. And please remember to private message me afterwards so I can include your shares in the running total (no. of shares, broker name, contact method e.g. secure email, and if they've confirmed your vote yet). HOW TO VOTE I presume most of us hold our shares electronically via our brokers nominee accounts (brokers like ii, IG, HL, iweb, etc). Because PET is an Irish registered stock it is not normally covered by brokers voting services and so no voting notification will have been sent. It is therefore vital that you instruct your broker.  All you need to do is log on to your broker’s website so you can access your account and send a secure email from that site to inform them that you wish to register your proxy vote (i.e. to allow the Chairman to vote on your behalf to pass all resolutions). Below (in red) is a copy of what I have sent to my broker (ii). Note that the ISIN number is unique to Petrel so will ensure that your vote is allocated to the correct company. Please feel free to copy and paste into your own email to your broker. This email is to request you to vote on my behalf in favour of all resolutions at the following EGM: Company: Petrel Resources (PET) ISIN : IE0001340177 Date : 23rd February 2021 Time : 11:00am Address: 162, Clontarf Road, Dublin 3, Ireland I look forward to receiving your confirmation. NB If sending outside of your brokers secure email (so they wouldn't know your account no.), then include your broker account number(s) and no. of shares held.
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14/2/2021
17:02		kdickson: A quick reminder again on how easy it is to send your EGM Proxy vote to your broker.... REMEMBER it's got to be sent by this Wednesday at the very latest. And please remember to private message me afterwards so I can include your shares in the running total (no. of shares, broker name, contact method e.g. secure email, and if they've confirmed your vote yet). HOW TO VOTE I presume most of us hold our shares electronically via our brokers nominee accounts (brokers like ii, IG, HL, iweb, etc). Because PET is an Irish registered stock it is not normally covered by brokers voting services and so no voting notification will have been sent. It is therefore vital that you instruct your broker.  All you need to do is log on to your broker’s website so you can access your account and send a secure email from that site to inform them that you wish to register your proxy vote (i.e. to allow the Chairman to vote on your behalf to pass all resolutions). Below (in red) is a copy of what I have sent to my broker (ii). Note that the ISIN number is unique to Petrel so will ensure that your vote is allocated to the correct company. Please feel free to copy and paste into your own email to your broker. This email is to request you to vote on my behalf in favour of all resolutions at the following EGM: Company: Petrel Resources (PET) ISIN : IE0001340177 Date : 23rd February 2021 Time : 11:00am Address: 162, Clontarf Road, Dublin 3, Ireland I look forward to receiving your confirmation. NB If sending outside of your brokers secure email (so they wouldn't know your account no.), then include your broker account number(s) and no. of shares held.
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14/2/2021
09:04		bronislav: Recent history shows us that a Concert Party took a stake in Petrel with the intention of introducing an asset into petrel circa 100 million value and in a 90 day time frame.Before this happens we have the share debacle effectively creating a delay for over 12 months.In the last few months it has been made public that One of the Concert party Mr Tamraz has plans to take over a Portuguese bank Eurobic. Mr Tamraz has also become involved with Ross group. On Friday Ross groups share price increased by circa 130% and on the same day Petrel had a small increase in its share price by circa 13%.An EGM has been called to deal with issues arising after the Brexit in January.Do investors see any company announcements in particular deals contracts in Iraq before the EGM bearing in mind petrel will likely know the outcome of the vote before the EGM.My other query is could Petrel and the CP have done any deals before Brexit or is it possible we had to wait for the outcome of Brexit and the vote related to an EGM.first.?
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12/2/2021
15:43		kdickson: Who has still to register their EGM votes? Just a reminder of how important it is that we all register our votes for the upcoming EGM on 23rd February. Apparently all votes via our online brokers really need to be submitted by next Wednesday 17th in order to be included, so there's only a few days left! The reasons why we must vote at this EGM and why all resolutions must be passed, are explained lower down, but if you just want to get on and vote now, then here are the instructions. HOW TO VOTE I presume most of us hold our shares electronically via our brokers nominee accounts (brokers like ii, IG, HL, iweb, etc). Because PET is an Irish registered stock it is not normally covered by brokers voting services and so no voting notification will have been sent. It is therefore vital that you instruct your broker.   All you need to do is log on to your broker’s website so you can access your account and send a secure email from that site to inform them that you wish to register your proxy vote (i.e. to allow the Chairman to vote on your behalf to pass all resolutions). Below (in red) is a copy of what I have sent to my broker (ii). Note that the ISIN number is unique to Petrel so will ensure that your vote is allocated to the correct company. Please feel free to copy and paste into your own email to your broker. This email is to request you to vote on my behalf in favour of all resolutions at the following EGM: Company: Petrel Resources (PET) ISIN : IE0001340177 Date : 23rd February 2021 Time : 11:00am Address: 162, Clontarf Road, Dublin 3, Ireland I look forward to receiving your confirmation. NB If sending outside of your brokers secure email (so they wouldn't know your account no.), then include your broker account number(s) and no. of shares held. WHY IS THIS EGM SO IMPORTANT? I'm sure you're aware of the upcoming EGM on the 23rd February but if not, it is REALLY, REALLY IMPORTANT that we all understand the importance of its outcome - the wrong outcome would ENDANGER OUR OWN PERSONAL INVESTMENT in Petrel. Unless the necessary resolution is passed then Petrel's continued ability to trade on LSE and AIM will be "fatally damaged", as stated in Petrel's own EGM circular: "There are specific quorum requirements for the EGM set out in the Migration Act - i.e that at least three persons holding or representing by proxy at least one third in nominal value of the total issued Shares of the Company are in attendance for the EGM to validly proceed" "The Company's Shares are admitted to trading on AIM and the AIM Rules require that the Company's Shares are eligible for electronic settlement. Failure to migrate would, we expect, damage fatally the Company's ability to retain continued admission to trading of the Company's Shares on AIM and, importantly, put the market for the Company's Shares at risk. Therefore, we are asking all Shareholders to support the resolutions proposed for the EGM". Basically, the EGM resolution is simply to agree a necessary technical change to the trading of shares following Brexit. Currently, trades in the company's shares on AIM are settled via the CREST System, which is based in the UK, but as a consequence of Brexit, the settlement system for trading in PET’s shares needs to move/migrate from CREST to Euroclear Bank in Belgium...otherwise DIGITAL TRADING on LSE/AIM WILL BECOME IMPOSSIBLE. But...in order to have a VALID EGM to agree that resolution, there must be at least 33% attendance of shareholders reached (via Proxy representation/vote), otherwise the EGM IS INVALID and could not even proceed. So it is vital that everyone ACTIVELY CONTACTS THEIR BROKER ASAP AND INSTRUCTS THEM TO VOTE IN FAVOUR OF ALL EGM RESOLUTIONS. John, David and Jim (probably the only shareholders actually physically present) only hold 7.3% in total, so well below the 33.3% minimum quorum to make it a valid EGM. Please also note that the Board is actively approaching shareholders they know to ask them to vote, so they are taking this extremely seriously and it shows that NOTHING CAN BE TAKEN FOR GRANTED and that every individual one of us should vote, no matter the number of shares any of us hold. TALLY UP OUR VOTES? It would be interesting if we could gather a running total of how many have voted so we can get an idea of the impact our votes might have on reaching the required 33% EGM quorum. So, it would be great if you could private message me AFTER you have voted and provide the following 'data' (absolutely no pressure to participate!): 1). Your broker's company name (ii, HL, etc) 2). Your contacted method? (secure email, phone, etc) 3). Has the broker confirmed your vote yet? (Yes/No) 4). Your current shareholding [optional] I will accumulate the number of votes and total shares involved, and publish this as it rises over the next few days. NO individual information will be divulged - just running totals.
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12/1/2021
11:45		fenners66: Netoil says Tamraz has been elected non-exec to Ross Group PLC which has a "premium" listing.... Ross Group finally got around to an RNS but companies house not added it yet... So I wonder why has RT become a director of a "premium" listed co.? Netoil's last post about PET was to say that PET was their best performing share of 2019. Funny how they have not posted it lost 83 % in 2020. Instead they big up Ross Group - (who's share price is on its knees and has a worse ! balance sheet than PET! ). Looks like RT has moved on.....
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18/12/2020
15:51		kdickson: FWIW, here's my take on things at the moment, based on what I know plus joining a few dots ;) We are waiting for the Tamraz Group to complete negotiations with remaining minor EuroBic shareholders to sign over their shares so that the TG will own more than 50% to allow them to take control of the bank. They currently have 47.5% signed up so just a few more percent to go. I don't think there will be any delays in getting the official seal of approval from the ECB and Bank of Portugal since they are keen to get rid of the current shareholders, especially shamed Isabel dos Santos who put her 42.5% holding up for sale following criminal investigations (the 'Luanda Leaks' case). I don't know how Tamraz is going to fund this, but I have my theories. The TG have stated that this bank deal needs to be finalized before sorting out Petrel. I don't know if this is a dependency (it sounds like it). They may be totally unrelated deals by the TG group. However, it could all be part of a grander strategy as Tamraz was quoted recently as wanting to build an "international business platform" across different geographical locations. So, my understanding is that they will then finalize Petrel and take control (I don't know how exactly) and so allowing them to start bringing in the long promised assets. I'm led to believe 'taking control' could happen relatively quickly after the bank deal is finalized (like weeks). Their objective is to turn Petrel into at least a $1 billion market cap company within 2 years and they are "positive" and "optimistic" for Petrel's future. Ignore the current share price doldrums. Once huge assets start to be brought into Petrel, the share price will start to rocket - that's what we are waiting for - well l am! :)
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