Looking back at their hopeful presentation in the last AGM, the company was very positive about 2016.
Gas flow from bezzeca supposed to start on third quarter of 2015 ( last year past) and st Alberto on second quarter of 2016 coming up? They said in 2014 that the pipes were ready to connect and we're looking for tender on the projects? Well all come to nothing so far?
We have been conned by the managements hiding the truth about the company with all the ambitious projects and forecast that come to nothing but down the drain!
The managements still got paid and I doubt what have been done or achieved ?
We can only blame the Italian systems for so long , but it was also poor managements accounts!
The shareholders are screwed, I am afraid to say that unfortunately !
I cannot see any better outcome for PVE short or long terms
It's best to break up and sell all projects then return any money left back to holders ! In my humble opinion!
PVE Price at posting:
2.5¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)