PV1 6.25% 3.0¢ provaris energy ltd

titan acquires further holding at allen dome, page-6

  1. 2,057 Posts.
    lightbulb Created with Sketch. 67
    Clearly you haven't been around TTE long enough, it will not get rerated off the back of fundamental appeal anytime soon, as we are not in a market that values these stocks higher than it's base assets really. We are properly valued at the moment in this current market.

    This market is fickle, notice how every down day we have TLS goes up? No one wants to take risk. Therefore this market will not pay a 8-10 PE for such a small company not paying dividends. This market will not really pay for more than anything other than what is coming out of the ground and being produced really.

    Dr11, at the moment has no value from a market perspective, and future prospects of the AD as well. otherwise we would have already been rerated a long time ago.

    Such a sad economic time really, no or very few small businesses will grow as people are not willing to take risk. Instead we would all rather plonk money in banks and at the same time heavily tax those struggling business'.

    We will see where we go from here, but my guess is, until we see numbers of 300+ on bopd, we will not be rerated anytime soon.

    Also people are saying that placement shares are being churned through, but we have seen no appendix yet, and the latest Ann about the cap raising said it would take 5 business days for them to go through on the market.

    Jimho

    GLTA
 
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3.0¢
Change
-0.002(6.25%)
Mkt cap ! $18.01M
Open High Low Value Volume
3.4¢ 3.4¢ 3.0¢ $45.65K 1.369M

Buyers (Bids)

No. Vol. Price($)
4 242683 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 34550 1
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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