I'm 100% with you Orakei. The same reason I still hold is...

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coopytroop

780 Posts.

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25/08/14

21:18

Post #: 13869770
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Originally posted by ORAKEI ↑

Having loss so much on this stock make me feel sick with the whole thing.
it took five years from a discovery to production permit.
Managements seemed slow on their timing and the italian authority regarding permit seemed non exist?
the analyst and institution did not mention it anymore. I remember one time they valued the co between $3 and $5. The same broker probably the one that valued BRU at $45+ now bru $0.92.
anyway to sum it up the M/C is less than the plant they own at SILARO and the consolation is the founder Masterman amazingly has never sold any share but bought more over the year! I could never understand what HE saw in this company that the majority had not?
i hold on because Masterman still does with over 30% and hopefully either they will strike a big gas supply and get taken over by a french company which is one of their farm in partner or maybe Masterman decide to take it private at 30 cents?
for a producing company with m/c of less than $10 M seems very cheap especially they have spent over£60 M over the year for their gas reserve and discovery!
If a chinese company with $50M take over this Co for $30M and spend the rest for exploration and production would make it very profitable! Pve needs money that it cannot raise because the share is too.....low......

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I'm 100% with you Orakei. The same reason I still hold is because management continue to buy stock at the lower price. I'd love for them to take it off our hands for 30c or get some news flowing. All we seem to get these days are financial reports which generally look fine.

Meh... I'll keep holding with my fingers crossed!

PVE Price at posting: 7.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 5.8¢		Change 0.003(5.45%)		Mkt cap ! $67.21M

Open	High	Low	Value	Volume
5.8¢	6.0¢	5.8¢	$85.66K	1.471M

Buyers (Bids)

No.	Vol.	Price($)
2	535523	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	912854	4

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No.	Vol.	Price($)
2	535523	0.055
1	116951	0.053
2	140000	0.051
2	295301	0.050
1	200000	0.049

Price($)	Vol.	No.
0.060	912854	4
0.061	12500	1
0.062	40000	1
0.063	291000	2
0.064	1103311	1

Last trade - 15.47pm 29/07/2025 (20 minute delay)

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