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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Predator Oil & Gas Holdings Plc | PRD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.20 | 3.64% | 5.70 | 16:35:16 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 5.50 | 5.50 | 5.50 | 5.70 | 5.50 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 26/11/2024 17:27 by mariopeter Storage and perhaps indigenous gas in Ireland ready to go. We just need shot of the Greens in this week's election.Those 40m shares have not been issued yet (no admission to trading RNS) hence no TR1. Secret investor. News on Trinidad production (could be November), Mou3 testing (top bit exciting) and MOU5 drill (massive 5.916 TCF onshore target) pending. Doubt anyone is shorting this and still feel a disgruntled Lonny is the reason we are where we are in the share price. Think he rejected 5p. Now the bid is 5p he might sell to the strategic investor. Might have some capitulation then a quick bear trap and technicals perfect its hold tight for the long ride north. |
Posted at 12/11/2024 10:31 by mariopeter My take on the recent share investment is PG had a strategic investor (thinking Moroccan) which did not require underwriting and 40m shares were issued to them at 5p. City fees small therefore payable in cash.Some shares found their way to the Market recently I was thinking Lonny. Conscious Lonny (with 40m shares) may have decided to offload some having left the Company however the share sales (may not have been Lonny) have dried up now which is encouraging. No doubt PG saw Lonny's holding (40m) as an easy source for the strategic investor which is perhaps where the 40m number came from in the first place. Lonny not selling and that strategic investor may take his holding at some point. TR1 would be good as the 40m is nearly a 7% stake. |
Posted at 12/11/2024 08:23 by ohdearohdearohdear Seems some folk over on LSE are struggling to read English. The placing RNS makes clear that 40,000,000 shares were placed and that Novum acted as sole agent. It does not say that ALL 40,000,000 shares went to the single institutional investor. Novum would have received some of that 40,000,000 for their services (such that it was). Therefore, I expect Novum have already sold their shares and the TR1 (if and when it comes) will be for a figures less than 40,000,000 (unless that institution already held shares of course). |
Posted at 05/11/2024 10:28 by mariopeter Fair to say the new investor is not dumping in the market like other fundraises. Very small funding too. Unphased here. Felt it was all getting a little close on cashflow.I too feel this is a local Moroccan company looking for a slice of the action. Glad the dilution was kept to a minimum. Says something. New country investment ...might as well as sense divestment from some existing interest is not far away. Yesterday was a stepping stone to something good imho. |
Posted at 04/11/2024 16:24 by helpfull The force is strong here.Why wasn't the single institutional investor named? 40 million shares are over 5% of the shares in issue so everyone will know the name on Friday when the TR-1 is issued. Or not? I wonder if it is a long term holder or are the 40,000,000 shares to be sold to the market? Warrants are exercisable at 8p, no sign of a lock in period. I would offload the shares to mug punters and hold the warrants buckshee. Be careful. |
Posted at 04/11/2024 16:13 by john henry dont forget the 40M warrants at 8pUnfortunately Investors have been lied too. |
Posted at 09/8/2024 11:47 by ohdearohdearohdear Purps, reading your previous posts, you are clearly a savvy and very informed investor.In which case can I ask what you are currently invested in? I might have some spare cash to invest shortly. Ta. |
Posted at 07/8/2024 21:36 by mariopeter Show us the last year's cash flow where you calculate a need for cash. Start with the last fundraise. Not "helpful" to anyone posting rubbish and there I have issue as small inexperienced investors may miss out because of your inaccurate scaremongering. |
Posted at 07/8/2024 13:51 by easybrent From lse chat, makes a lot of sense.This two-month delays will obviously cost PRD a lot of money. The company overhead cost has increased to £2.4m for the last 6 months reported July-Dec 2023 (monthly cash burn of £400k excluding any exploration expenses). As a result of having operation now both in Morocco, Trindad and head office functions. The company had £6.4m in cash a 2023-year end. The expected cash burn since then has been: - 7 months of overhead £2.8m (£400k*7) - Morocco testing in Q1 +£1m - Morocco testing start up since June +£1m - Trinidad work +£500k It all adds up to £5.3m, which would leave the company with £1.1m in cash while testing has hardly started. This is a very fragile cash position with current cash burn and testing ongoing. Its interesting in todays RNS that the company is writing “The Company is debt-free”, but they don’t say the company is well funded. Its sort of odd comment as the company have not had any debt for a long time. I can only read this comment as an attempt to confuse investor instead of telling investor what the cash balance is. |
Posted at 12/6/2024 08:58 by pv1972 Boring is good in my book. Usually means I make some money.But I'm an investor, not a trader. If you're a trader, then it is prob a bit of a mare just now. Not long before we see some fireworks. GLA |
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