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Investor discussions surrounding Predator Oil & Gas Holdings Plc (PRD) reveal heightened concern and dissatisfaction with the company's current management and strategic direction. Analysts have observed a bearish sentiment, with comments highlighting a "death cross" in technical charts and projections of a share price target of 3-4p. The conversation is rife with frustration towards the company's leadership, particularly CEO Griffiths, with multiple investors expressing sentiments of mistrust and calling for accountability. Notably, quotes such as "We had a comprehensive update in January about the 2025 plans and there was no mention of MOU 6" and "Told you that he'll be out with his begging bowl a decade from now" signify deep-seated skepticism about the company’s roadmap and capital raising history.
Financial highlights from the discussions indicate a looming equity placement and potential dilution, causing investors to question the timing of new initiatives and strategies, with one user commenting, "2 million placing" and "diluting it to oblivion.” Despite some optimism regarding operational developments—such as access roads being completed and drilling anticipated soon—concerns persist regarding the company's ability to execute efficiently. Overall, the sentiment is predominantly negative, reflecting dissatisfaction over management’s performance and concerns about the efficacy of PRD's future plans. Several investors are now advocating for a cautious approach, as encapsulated in statements like "stay out," attributing the company’s challenges to perceived operational incompetence and leadership failure.
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Predator Oil & Gas Holdings Plc has recently made significant strides in its operational and financial strategy with a placing of £2 million aimed at accelerating drilling activities in Morocco and Trinidad. The Company successfully placed 50 million new ordinary shares at a price of 4 pence each, leading to a total of 661,874,754 voting shares in circulation after the correction in their announcement. This funding will support ongoing drilling efforts, particularly the MOU-5 "Titanosaurus" project, which is set to commence this month.
In addition to the financial developments, the Company has also launched a new website to enhance communication with shareholders. The redesigned web presence is intended to provide updated information as Predator prepares for an active year in 2025, with plans for further operational advancements and potential acquisitions that could facilitate monetization opportunities. CEO Paul Griffiths emphasized the significance of these developments, indicating that they expect substantial news flow in the near future as they progress with their drilling operations and consider attractive commercial terms for divestment.
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Bloody typical |
Great down 5% |
Yep its really hotting up, |
Playing your own book again Pros shame you missed out on the 400% rise in PANR. |
That GH has been tweeting again (or should it be Xing?) |
Definetly hotting up now..........the rumours go around and become stronger......... |
Buys flooding in......... |
there's a big background sell or the price is being held down, the spread has been wide enough to distinguish the trades, with possibly only the 11.48 in the wrong column |
every day is a school day |
Thanks Keith. |
My post #5948 refers. |
erm - that's a typo, it's NewMed, the same company I have already said is widely believed to be in late-stage negotiations with PRD. Here is a copy of my comment from lse: |
Great post Pro. I just hope that might be the reason for the radio silence.👍 |
Another potential interested party is NEOMED Energy....... |
This needs something |
No news next week and this will |
Very interesting GRH is very experienced that area. I hope he can throw us a few tips.😎ԅ |
I personaaly feel it is extremely likely that Paul Griffiths telephone has had suitors interested in involvement. Look at the fiscal regime for starters. Add zero geological risk seconders. Add "you'll never find sand in Guercif" for thirders. Then look at potential volumes discovered. Actually think Pro is on the button. |
drills-tests-deal |
Abu Dhabi crown prince directs oil giant ADNOC to further explore ‘international growth' |
I see helpie is not happy about the comments on "discussions and negotitions" ongoing and holding up the testing. |
Just got to sit back and relax and wait for news. |
👍👍 |
FAO "helpful" |
The force is strong here. |
Type | Ordinary Share |
Share ISIN | JE00BFZ1D698 |
Sector | Crude Petroleum & Natural Gs |
Bid Price | 4.50 |
Offer Price | 4.60 |
Open | 4.15 |
Shares Traded | 25,948,702 |
Last Trade | 16:18:59 |
Low - High | 4.15 - 4.55 |
Turnover | 0 |
Profit | -4.82M |
EPS - Basic | -0.0079 |
PE Ratio | -5.76 |
Market Cap | 33.35M |
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