IMO you may see some buying in PVD towards towards the end of June, once the tax loss selling is finalized and TPT has spud
Assuming TPT can rally up to 40-60c, alot of punters would likely free carry half and should there be oil shows, be looking for the next Moroccon exposure
On the flip side, if TPT doesn't have oil shows then punters may not be as excited and wait till Oct/Nov to start buying PVD up in time for their spud (assuming no Gabon news in the meantime)
So it will pay to keep abreast of developments elsewhere when timing a PVD entry - think it is at least a week or 2 away
IMO you may see some buying in PVD towards towards the end of...
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Last
0.7¢ |
Change
0.001(7.69%) |
Mkt cap ! $19.66M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $10.44K | 1.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 19222670 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 3488425 | 8 |
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| Last trade - 14.35pm 05/07/2024 (20 minute delay) ? |
| HHR (ASX) Chart |