PVE 43.3% 4.3¢ po valley energy limited

my first impression "not good"

  1. 37,286 Posts.
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    my first impression "not good"..

    this came up a scan issued shares 119MM. market cap approx$13MM.

    something isn't right, can you guess.????

    the chart below may give you some clue..

    if you did an honest review of the past 9years. what would rate this company out of 10..????(i'm talking about delievering the goodies)

    every company should have a 5 year plan in place. this includes PVE dating back to approx 2008. did the company say in 2008 here's our plan for the next 5 years which should made a significant difference.

    i'm pretty sure they would have started off with one when they listed in 2004.

    after nearly 10 years of being listed it have an EV of $17MM. that hasn't brought home the bacon.

    from where i'm sitting "there's really nothing that will bring home the bacon in the immediate future.

    what should they do IMHO...start again..what the.

    get some real eye opening assets "the trillion cubic feet + stuff & MMBLS+....

    once you've secured them, sell off current assets & pay back debit if possible.

    board changes..???? YES

    if they had the "mojo" they wouldn't have dropped from $1.80~11cents.

    "fortune cookie says" you are going to get bagged, driven into the ground, crucified by current posters".

    4 year monthly chart.
 
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Last
4.3¢
Change
0.013(43.3%)
Mkt cap ! $49.83M
Open High Low Value Volume
3.4¢ 4.3¢ 3.4¢ $21.98K 605.1K

Buyers (Bids)

No. Vol. Price($)
1 60943 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 199999 1
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
PVE (ASX) Chart
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