PVE po valley energy limited

Ann: $1.75m Renounceable Pro-Rata Rights Issue, page-8

  1. 120 Posts.
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    Hi There,

    Long time reader but first time poster here... albeit the company seems to be in pretty bad shape (being nice here) and despite whether the comments around this being potentially a backdoor privatisation of Po(o)valley... my question is i guess, do you rebalance at the rights issue price and give yourself at least (albeit a small chance) a chance to recoup losses/potentially make a gain for a relatively small fee or not engage and likely never see a return?

    It does feel like being in between a rock and another rock and then the hard place!
 
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