PVE po valley energy limited

re: Ann: Vitalba and Sillaro gas production u... Whilst the...

  1. 3,325 Posts.
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    re: Ann: Vitalba and Sillaro gas production u... Whilst the income may appear attractive, I recall that PVE was heavily debt laden, although slowly working it off.

    Only demonstrated gas flows at full capacity over longer time frames will get the SP up. Ongoing supply problems dampen confidence in this company, unfortunately.

    I mean, shutting down a well during winter, read as: peak customer demand, is a severely flawed operation.

    Do their competitors reduce capacity during harsh winter conditions as well?
    PVE needs to be "fail safe" and resilient of severe weather conditions that Mother Nature throws up.
    That of course takes capital to "bullet proof".

    I reached the point a while ago, where I just want my money back (mid 30's), and exit this woofer.

    Think of it as "forced savings"! ;-)
 
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(20min delay)
Last
6.0¢
Change
0.001(1.69%)
Mkt cap ! $69.53M
Open High Low Value Volume
6.0¢ 6.0¢ 5.9¢ $42.26K 704.3K

Buyers (Bids)

No. Vol. Price($)
1 16766 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 209622 2
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Last trade - 15.17pm 31/07/2025 (20 minute delay) ?
PVE (ASX) Chart
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