PVE 4.88% 4.3¢ po valley energy limited

I think PVE is a good bet at the moment.I believe the US is far...

  1. 899 Posts.
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    I think PVE is a good bet at the moment.

    I believe the US is far from out of the woods and I have sold all my oil stocks on Friday after taking some good gains.

    PVE will not come under the price pressure that others will as there are very few shares available.

    I am going to try and double my holding early next week if i can get some in the mid 1.30s/share

    I think the stock will re-rate in September approx 4-8 weeks from first production.

    Undervalued at 1.37/share. Once first two fields are producing I expect this one to be at $2/share

    Just a quick question - St Alberto is expected to come online in 2010. How much additional revenue is this expected to receive? 150m over 3 years for first 2 fields, can we expect another 3 yr contract 75 million AUD?
 
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Last
4.3¢
Change
0.002(4.88%)
Mkt cap ! $49.83M
Open High Low Value Volume
4.3¢ 4.4¢ 4.3¢ $3.348K 77.22K

Buyers (Bids)

No. Vol. Price($)
1 160137 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 197018 1
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Last trade - 16.10pm 07/10/2024 (20 minute delay) ?
PVE (ASX) Chart
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