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15.0%

2.3¢ provaris energy ltd

Thanks. I was leaning more that way. With so many potential...

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Annesaze

295 Posts.

80

06/03/20

06:29

Post #: 43334072
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Originally posted by tukebay: ↑

The company will need to raise money within the next 12 months.
There are some (morons) who believe that the CR will be at 8-10c by the end of this month.
I'd be willing to bet my left testicle that that won't occur.
One of the things you need to remember about this company is that the BOD is heavily invested in this company with their own hard earned.
Consequently, they are on the "same side" as us and will act to optimise the share price.
Therefore they will try to minimise dilution by maximising the price of any CR.
This logic leads one to conclude that a CR WILL NOT precede any major announcement.
Similarly, according to the quarterly, we are expecting a pretty extensive update about the US project this month.
Having said all that though, I don't need to tell you the state of markets at the moment in what I have termed, as a homage to Y2K, the Y2DIE.

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Thanks. I was leaning more that way. With so many potential influences in the market at the moment I think it's best to pick a price you're happy with and ignore the little fluctuations till meaningful news surfaces.

GEV Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 2.3¢		Change 0.003(15.0%)		Mkt cap ! $14.51M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$1.106K	48.83K

Buyers (Bids)

No.	Vol.	Price($)
2	30977	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	66085	2

View Market Depth

No.	Vol.	Price($)
2	30977	0.022
1	170336	0.021
1	40000	0.020
2	225000	0.019
7	733157	0.018

Price($)	Vol.	No.
0.023	66085	2
0.024	114000	1
0.025	203700	3
0.026	25000	1
0.028	75300	1

Last trade - 16.10pm 10/10/2024 (20 minute delay)

PV1 (ASX) Chart

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