As a long term holder I believe Management over time are responsible for the position the company is in.
I know TS and his family are major SH so they will be bleeding too.
A good while back when there was a share purchase offer I decided I would not put any more money into PLV by way of shares and I will still go with that policy until I am very confident about the future of PLV and the ability of Management to build Shareholder value.
Some may say they are already do this so all SH can make up their own minds about that.
A friend of mind continues to buy PLV at reduced cost and suggested I could do likewise to average my Share value down from in my case .53c however I cannot be convinced of the wisdom of this until I am totally convinced of the PLV future.
No matter how low you reduce your average share cost to your money is still on the line.
I am not providing advice whatsoever-do your own research.
- Forums
- ASX - By Stock
- PLV
- renounceable rights etc.
renounceable rights etc., page-13
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online