PV1 3.85% 2.5¢ provaris energy ltd

what the chartists say, page-13

  1. 4,385 Posts.
    lightbulb Created with Sketch. 3775
    I am not discounting the prospects, but some of the things have to be looked into perspective.

    Last year tte got nearly half of their Allen Dome holdings around 275 acres, for around 370k. So if the land is leaking oil, why is it so cheap, why many others not interested. 370k investment is a very small investment and the returns should also be looked from that perspective. This was bought last year, so its not long ago.

    Even the earlier 300 odd acres were bought for around 240k. So all in all around 600k for 600acres of Allen Dome. There will be drilling and admin costs, etc, but still here we are talking in multiples of what everyone else values the land. Just an opinion like others, correct if i am wrong. Just want to make sure that if people are putting their hard earned money, they do their research, and look at perspectives with open mind rather than any hype that may be created.

    i think some concrete results over a sustained period will only sustain sp, otherwise there could be roller coaster on, we had one, looks another brewing.
 
watchlist Created with Sketch. Add PV1 (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
-0.001(3.85%)
Mkt cap ! $15.69M
Open High Low Value Volume
2.6¢ 2.6¢ 2.5¢ $3.758K 144.8K

Buyers (Bids)

No. Vol. Price($)
7 528148 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 166000 2
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
PV1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.