Sigh...
PVE holders are a patient lot. I never would have foreseen the risk that there would be a delay in turning on the tap but it was probably sitting there somehwere. Its hard to justify money sitting here with no chance of a SP uplift for a year, or even more, when the rest of the market is doing 20% a year. Those in this stock for a long time must be feeling the opportunity cost.
Still I guess the other way to see it is
- proven resource
- good economics of supply and increasing gas price
- Directors feel the pain as investors
- I personally would prefer my gas coming from local supply than from Russia if I was italian.
Lets all speak in 12 months, and see how we are faring?
Ann: Selva Natural Gas Field Development and Market Update, page-2
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Last
5.5¢ |
Change
-0.002(3.51%) |
Mkt cap ! $63.74M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.7¢ | 5.5¢ | $8.907K | 156.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 485523 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 141504 | 2 |
View Market Depth
| Last trade - 15.42pm 28/07/2025 (20 minute delay) ? |
| PVE (ASX) Chart |