PV1 9.09% 4.8¢ provaris energy ltd

I agree with you Meister that ultimately FA should be the basis...

  1. 3,899 Posts.
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    I agree with you Meister that ultimately FA should be the basis of one's investment decisions, I always look at TA as a complementary tool to see where we are in the cycle and to give me further clues of upside/downside potential.

    Assuming MB has got this story right - and I believe he has; and assuming he executes the way he should - which I believe he will; then GEV is ridiculolusly cheap at current prices.

    Another deal or two and ABS approval should see this share price comfortably through the $1 level. Prior to that occuring, we will already have offshore institutional support. And given where LNG was at its evolution and where GEV is today, I think it's safe to conclude that GEV has a tighter register and a story requiring much less capex and that is unaffected by the natural gas price. Consequently, a market cap of $1bn+ this year would not surprise.

    Now even given an additional placement or two, you tell me where the share price will be if that occurs.
 
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Last
4.8¢
Change
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Mkt cap ! $28.70M
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4.7¢ 4.8¢ 4.7¢ $2.987K 62.82K

Buyers (Bids)

No. Vol. Price($)
1 54347 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 142499 3
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Last trade - 16.10pm 30/04/2024 (20 minute delay) ?
Last
4.7¢
  Change
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Open High Low Volume
4.7¢ 4.7¢ 4.5¢ 64638
Last updated 12.49pm 30/04/2024 ?
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