PV1 0.00% 2.7¢ provaris energy ltd

on track

  1. 463 Posts.
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    As someone who has built a position in this stock over the past few months, i am not at all concerned about the short term price movements we have seen the past few days.

    I just got off the phone to the company- things are going swimmingly and we should hear something soon on their current drill program. Lets not forget they already have an income stream from some workover wells.

    I asked about the share registry and apparently there was a desperate seller who dumped several million shares yesterday, with a few day traders following suit. Fundamentally i believe this is very cheap and look forward to an exciting qtr coming up.

    NB- they are pretty cashed up too with a clear focus on where they want to go, with a market cao of less than $14 million i am happy to buy many more on weakness. this will bounce back to 2c very quickly IMO
 
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Last
2.7¢
Change
0.000(0.00%)
Mkt cap ! $16.21M
Open High Low Value Volume
2.8¢ 2.8¢ 2.6¢ $14.12K 525.7K

Buyers (Bids)

No. Vol. Price($)
4 247459 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 86600 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
PV1 (ASX) Chart
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