Am feeling VERY CONFIDENT on this one as I also topped up.
IMHO, it's all encapsulated in this paragraph:
"Proceeds from the Placement will be used to fund an accelerated program to further develop the optimum technology in preparation for ABS approval, offer costs, accelerate the development of both Atlantic CNG and CNG supply into India as set out in Prospectus and various ASX Announcements plus fast track several newly identified Australasian gas resources where GEV currently considers CNG commercialisation opportunities are feasible."
I initially bought this because of the jockey, however continue to buy because of the jockey and the horse.
MB is also 71yo & will be working this as fast as is humanly possible.
I believe the stock will be soaked around current levels until it's well and truly tightened up again before moving to new highs and I doubt this process will take long.
MB and Fosters were the winning combination in LNG and already are and will continue to be the winning combination in GEV.
With everything that the company has simmering away, I doubt that significant news flow is far away.
Am feeling VERY CONFIDENT on this one as I also topped up. IMHO,...
Add PV1 (ASX) to my watchlist
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Last
4.5¢ |
Change
-0.002(4.26%) |
Mkt cap ! $26.90M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $7.231K | 159.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 199549 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 18003 | 1 |
View Market Depth
| Last trade - 15.07pm 23/04/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
-0.002 ( 4.26 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.5¢ | 4.5¢ | 31637 | ||
| Last updated 14.39pm 23/04/2024 ? | |||||
| PV1 (ASX) Chart |