PV1 4.55% 2.3¢ provaris energy ltd

IMHO , great buying opportunity around these levels, I couldn’t...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 409 Posts.
    lightbulb Created with Sketch. 744
    IMHO , great buying opportunity around these levels, I couldn’t help myself and topped up today. My belief is that the fundamentals of GEV are getting stronger, much stronger than they have been, so with the share price declining plus the big sell off today in the markets it represented a great buying opportunity, time will tell, but MB and crew have been delivering on there promises and they are trying not to dilute the share price buy restricting any cap raises. It’s in there best interest to do so, they have invested plenty into GEV themselves. If and when any cap raises come up, you an bet you’re bottom dollar it will be in the best interest of all shareholders. Unfortunately the market still doesn’t understand how the finance for the ships works, when they get there first major contact and the market can see clearly how financing the ships for that contract will work , we should be in for a serious re-rate.
    I think this will probably be the way it will play out for the rest of this year, and with some luck there could be more than one major deal.
 
watchlist Created with Sketch. Add PV1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.