Masterman can't continue buying for too much longer because, having more than 20% (in fact, 26% now, on my count) he is restricted to buying no more than 3% in a 6 month period. With 26%, and with Hunter Hall with another 20%, between them, they control the company, if they co-operate. So to speak of increasing his influence within the company is necessarily to implicate a difference of opinion with Hunter Hall. This, of course, may not exist and he may be buying because PVE is what we already know, viz. a vastly underpriced oil producer. However that may be, It might be interesting to know what the terms were that he was replaced as chairman, if Hunter Hall's increase in shareholding subsequently was part of a deal to support the new chairman, and, more to the point, whether Masterman holds any grudges on that score.
I recall that HCers generally were happy when Masterman was replaced. Interesting to note what appears to be a change in sentiment.
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PVE
po valley energy limited
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1.72%
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5.9¢

Masterman can't continue buying for too much longer because,...
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Last
5.9¢ |
Change
0.001(1.72%) |
Mkt cap ! $68.37M |
Open | High | Low | Value | Volume |
5.8¢ | 6.0¢ | 5.8¢ | $2.408K | 40.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17051 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 901485 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17051 | 0.058 |
1 | 17350 | 0.057 |
1 | 17660 | 0.056 |
2 | 535523 | 0.055 |
1 | 116951 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 901485 | 4 |
0.061 | 12500 | 1 |
0.062 | 40000 | 1 |
0.063 | 291000 | 2 |
0.064 | 1103311 | 1 |
Last trade - 15.23pm 30/07/2025 (20 minute delay) ? |
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PVE (ASX) Chart |