As a long term holder it seems almost every day brings another drama.
Questionable decisions in the past together with very questionable behavior by some large Shareholders/Financiers raises many questions.
Is there an attempt by certain Shareholders/Financiers to drive PLV into the ground ,even further if that is possible , and then pick up the company for next to nothing [maybe for nothing]?
The Company leadership decisions in recent years has seemingly seen PLV limp along and then dive almost into oblivion.
Where have ASX been whilst this played out?
I have lost money with my average around 50c however consider those that bought in at 2,50 approx. highs.
One family involved must have lost millions of dollars with this Company and that is of no consolation to anyone.
Has the company been competently led by those taking good earnings in exchange for their expertise and knowledge.
If I were a Director or Senior Officer I would hope the Company have a current Directors and Officers Liability Insurance program in place.
PLV Price at posting:
3.4¢ Sentiment: Sell Disclosure: Held
