GRV 0.00% 3.4¢ greenvale energy ltd

Ann: Quarterly Activities and Cash flow, page-5

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  1. 13,066 Posts.
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    Don't know why they don't cut a broker group in, with an active channel of projects being pitched. At least engage their services to spread the net wider. Half a mil to the right team wouldn't compromise register control. It's often a touchy subject for a BOD, I guess.

    The shell itself ticks the boxes for great capital structure and directors who are aligned with shareholders, via ownership. If I was to see a CPS or the like enter the fray here, I'd be fairly likely to have a crack and buy some up. Reckon there'd be a few like me. That means liquidity and probably a higher mc, which could reduce the chances of the ASX pinging them for change in substantial scale when the main course is dropped in.

    Not sure in this (or any) market that an Egyptian project is going to attract investor interest but will reserve judgement till it's announced, if it happens.
    Last edited by Anton Chigurh: 25/07/18
 
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