I agree grandcaruso. Management negotiated a great deal in offshore Morocco which suggests there is significant intellectual resources at PVD. I learned that lesson too, gratefully staggered my way in on this stock and now cant believe the bargain in front of my eyes while averaging down significantly. While the initial disappointment is raw, a stock discounted to cash or at worst, very little to no EV placed on its assets, its ripe for the picking imo.
As a long shot being a newbie speculator, does anyone see PVD as a potential takeover target now??? The approximate A$9.3 million market capitalisation seems way too cheap for a company with its portfolio of assets still on hand imo.
Have a fantabulous Friday all. GLTAH and PVD stakeholders![]()
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
28 | 11086175 | 0.6¢ |
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Price($) | Vol. | No. |
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0.7¢ | 4404864 | 7 |
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28 | 11086175 | 0.006 |
24 | 7977499 | 0.005 |
7 | 5150249 | 0.004 |
2 | 3600000 | 0.003 |
2 | 4000000 | 0.002 |
Price($) | Vol. | No. |
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0.008 | 6271055 | 10 |
0.009 | 5733331 | 12 |
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