PV1 3.33% 3.1¢ provaris energy ltd

0.015 to fall today tomorrow, page-44

  1. 2,057 Posts.
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    Felini, mgmt have done an amazing job in building up the company and it projects that is for sure. However they have not done a good enough job IMO of looking after shareholders. Now you may think a strong and growing business is always good for shareholders, but this has not been the case so far for TTE.

    I have been in TTE for a year and a half, and althought the MC has grown from about 12m to 21m, I have not seen a return upon my investment, infact I have lost money. I bought at around 1.5c back then.
    Now, for me, that is not good enough. It seems everyone is making money out of TTE except it's long term holders, and I should hope that will change very soon.
    Is it mgmts' fault?, not sure, perhaps it's just the nature of the beast in this
    Spec end, but mgmt do seem to know how to grow a business, that's for sure.
 
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