PV1 13.0% 2.6¢ provaris energy ltd

How involved are provaris likely to be in the acquisition...

  1. 149 Posts.
    lightbulb Created with Sketch. 14
    How involved are provaris likely to be in the acquisition proposal with the lenders that include government backed Innovation Norway. There is an obvious way out and Norwegian Hydrogen will need the tanks commissioned as soon as possible but provaris are running low on cash. The end of the financial year is never a great time for this share price and the results of the SPP are to be released in early July. That aside, I would like some clarity on why the tank will be delayed by 4-6 months when it was due to be completed around the end of Q2. I'm reading that the tank was already delayed by around that time frame but never communicated to the market, probably covering for issue hopping it Prodtex Industry could avoid bankruptcy.
 
watchlist Created with Sketch. Add PV1 (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.003(13.0%)
Mkt cap ! $16.32M
Open High Low Value Volume
2.5¢ 2.6¢ 2.3¢ $17.92K 742.1K

Buyers (Bids)

No. Vol. Price($)
2 50257 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 7500 1
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
PV1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.