Predator Oil & Gas Holdings PLC's shares fell 41% to 1.38p following a conditional £2.5 million share placement priced at 1.5p per share, below the previous close of 2.35p. The company issued 166.7 million new shares with warrants exercisable at 2.5p within 24 months. Funds raised will cover increased costs and production growth, including drilling and testing in Trinidad and Morocco. The company expects to release final testing results for MOU-6 within two weeks and aims to conclude partner negotiations soon after.
Predator Oil & Gas shares dropped 41% following a £2.5 million placing. For readers following energy stocks, here is Pluang's market snapshot as of Oct 15, 2026 15:11 WIB: Among 79 priced US energy-sector stocks, 38 rose and 32 fell. Notable movers include Denison Mines Corp (DNN) at USD 2.19 with a 1-day change of +1.39% and Pluang order activity of 100% Sell, Enphase Energy Inc (ENPH) at USD 29.00 with a 1-day change of -1.19% and 68% Buy activity, and Solaredge Technologies Inc (SEDG) at USD 30.16 with a 1-day change of -1.18% and 74% Buy activity.
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