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The cash burn seem be bit high and looking at the reserves felt...

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Chelben

387 Posts.

50

30/08/22

01:17

Post #: 63394752
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Originally posted by PLCENT: ↑

I bought into pvs the other day after only watching it for a couple of weeks,just to take a punt on. But after doing a bit of my own research,I can't see any real reason for such a heavy decline over the last 12 months other than Tech stocks went out of favour and a bit of a leadership change. But any longterm holders or followers have any actual explanation for why it is so out of favour, can't work out what I'm missing on this one? Down again today,to hit a new low...Tia for any insight

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The cash burn seem be bit high and looking at the reserves felt more of an near future dilution play to me!

PVS Price at posting: 9.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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The cash burn seem be bit high and looking at the reserves felt...

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