Having loss so much on this stock make me feel sick with the whole thing.
it took five years from a discovery to production permit.
Managements seemed slow on their timing and the italian authority regarding permit seemed non exist?
the analyst and institution did not mention it anymore. I remember one time they valued the co between $3 and $5. The same broker probably the one that valued BRU at $45+ now bru $0.92.
anyway to sum it up the M/C is less than the plant they own at SILARO and the consolation is the founder Masterman amazingly has never sold any share but bought more over the year! I could never understand what HE saw in this company that the majority had not?
i hold on because Masterman still does with over 30% and hopefully either they will strike a big gas supply and get taken over by a french company which is one of their farm in partner or maybe Masterman decide to take it private at 30 cents?
for a producing company with m/c of less than $10 M seems very cheap especially they have spent over£60 M over the year for their gas reserve and discovery!
If a chinese company with $50M take over this Co for $30M and spend the rest for exploration and production would make it very profitable! Pve needs money that it cannot raise because the share is too.....low......
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PVE
po valley energy limited
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5.9¢

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Last
5.9¢ |
Change
0.001(1.72%) |
Mkt cap ! $68.37M |
Open | High | Low | Value | Volume |
5.8¢ | 6.0¢ | 5.8¢ | $2.408K | 40.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17051 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 901485 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17051 | 0.058 |
1 | 17350 | 0.057 |
1 | 17660 | 0.056 |
2 | 535523 | 0.055 |
1 | 116951 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 901485 | 4 |
0.061 | 12500 | 1 |
0.062 | 40000 | 1 |
0.063 | 291000 | 2 |
0.064 | 1103311 | 1 |
Last trade - 15.23pm 30/07/2025 (20 minute delay) ? |
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PVE (ASX) Chart |