Since initiating on Pura Vida (PVD) on 26 May 2015, the company has commenced drilling of the MZ-1 well, offshore Morocco. Only three weeks into a minimum 60-day well, the stock has fallen by more than 30% and appears oversold on volatility driven without newsflow. Without doubt the MZ-1 is a high-risk well, but PVD is fully carried by an accomplished operator in Freeport that is currently executing a thorough and well-planned well. We maintain our RENAV of A$1.42/share.
http://www.edisoninvestmentresearch.com/?ACT=18&ID=14544
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Pura Vida Energy Reaction to drilling Update LATEST RESEARCH
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0.6¢ |
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Mkt cap ! $16.85M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $9.812K | 1.635M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 13072176 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.7¢ | 5073083 | 8 |
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No. | Vol. | Price($) |
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26 | 13072176 | 0.006 |
22 | 9010780 | 0.005 |
9 | 4820833 | 0.004 |
2 | 3600000 | 0.003 |
3 | 3750001 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 5073083 | 8 |
0.008 | 2050843 | 7 |
0.009 | 3600000 | 6 |
0.010 | 2300000 | 6 |
0.011 | 1020777 | 2 |
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