PVE po valley energy limited

I'm no expert but am I missing something ? PVE have called off...

  1. 282 Posts.
    lightbulb Created with Sketch. 34
    I'm no expert but am I missing something ? PVE have called off the merger because the independent valuation of our assets is at ~$75m(AUD) ?
    Surely that's a good thing of PVE with its market cap at $25m, and its holding in Saffron already (100m shares).
    Obviously a larger merged entity has a better chance of monetising these assets and realising their value but this isn't complete disaster is it?

    Happy to be corrected - am sure I am missing something.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.