London South East Logo | UK Share Price information



Register
Login:
Share:
Email Facebook Twitter




Petrel Resources Share Chat (PET)



Share Price: 3.05Bid: 2.70Ask: 3.40Change: 0.00 (0.00%)No Movement on Petrel Res
Spread: 0.70Spread as %: 25.93%Open: 3.05High: 3.05Low: 3.05Yesterday’s Close: 3.05


Share Discussion for Petrel Resources


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


the_shareminator
Posts: 10,861
Off Topic
Opinion:No Opinion
Price:3.375
RE: PET
28 Dec '17
The coding has since changed, indeed what I quoted was for a different company but the RNS came on the 15th

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=PET&ArticleCode=apeo2715&ArticleHeadline=Settlement_Agreement
 
the_shareminator
Posts: 10,861
Off Topic
Opinion:No Opinion
Price:3.375
Dibs
28 Dec '17
Yes we do. I was not referring to another company. Petrel put out an RNS on the 15th, go read.

The share price shot up in the lead up to that announcement popping up after a long quiet period.

The day before the announcement the share price peaked before falling on news.

I am certain the rise was linked to the announcement and it should make us all wonder how traders get wind of deals and the insider trading that takes place.
Dibs61
Posts: 11,042
Answer
Opinion:No Opinion
Price:3.125
RE: PET
20 Dec '17
No we don't. That RNS is for Peat Resources (PET:TSX)

Theres clearly an issue with the coding on the LSE platform. They seem to pick up all annoucements for companies with the same ticker code regardless of the exchange they trade on! I'll message them. Its about time they sorted it out!
the_shareminator
Posts: 10,861
Off Topic
Opinion:No Opinion
Price:3.125
PET
20 Dec '17
Well we know now why the share price shot up in recent days. Typical AIM, news leaks early. In this case it looks positive. They are going after Tin, Tantalum and T... (I forget the third T) plus the two Cs (not the rude one you're thinking but) Copper and Cobalt. Early revenue path is something so many companies claim in order to entice the unwary but it may be a fair bet in this case as the previous company trading with this licence were generating sales. Impossible to know the scale of this though. For now it's enabled PET to raise a serious sum of cash and if used sparingly could propel the company further. Lot's of new shares going to hit the market however and that's the update out of the way so I'm not convinced this will rise much further short term. GLA
natty27
Posts: 40
Off Topic
Opinion:No Opinion
Price:2.375
RNS
15 Dec '17
Much appreciated dibs :) I read we are suppose to hear back about the data from the Irish licenses at the end of 2017, which I would class as now! So must be close!?
reece
Posts: 964
Premium Chat Member
Observation
Opinion:No Opinion
Price:3.375
Rns
15 Dec '17
Not many shares 99 million
Dibs61
Posts: 11,042
Answer
Opinion:No Opinion
Price:3.375
RE: RNS
15 Dec '17
HI natty,basically it means petrel had an agreement with a company to issue some shares to them. The other company were not supposed to sell the shares unless certain conditions were met. Nonetheless That company sold some of those shares and broke the agreement. They’ve now agreed to give Petrel £100k in respect of the broken agreement and are still locked into the remaining shares.

HTH
natty27
Posts: 40
Off Topic
Opinion:No Opinion
Price:3.25
RNS
15 Dec '17
Could anyone elaborate what this mornings rns is all about, just started looking into this company & don’t know the full in’s & outs? Please
wraith
Posts: 5,192
Observation
Opinion:No Opinion
Price:3.00
RE: Nt
14 Dec '17
Of the 99.68m shares in issue, mentioned in the October 2016 Presentation, shows;-

Seven significant shareholders (four of those Nominees, 19.9%), holding 45.7% (45.554m approx shares).
Source: http://www.petrelresources.com/res/petrel-resources-october-2016-website.pdf

Any good news here,....will probably see myself averaging up, with some difficulty.

BW
reece
Posts: 964
Premium Chat Member
Observation
Opinion:No Opinion
Price:2.875
Up
14 Dec '17
Didn’t issue a no reason for rise rns yesterday when it went over 50 percent up ,must be a good sign ,usually do .




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.