Further Shares Issues27 Apr 2020 22:13
Hi,
Hope you are well and safe during these difficult times.
Would anyone be able to clarify or have any information in regards to Premier Oil issuing more shares to raise funds?
Am I correct in understanding that further share issues will be approved should the BP Asset purchase goes through?
How likely are Premier Oil to issue shares and aporox at what SP level? Would it also be beneficial at the moment to raise funds during lowest SP levels? Further issuing of shares would also dilutes current share holding levels, would it not?
Appreciate any insight