Providence Resources - Re: PVR Stream Log - Hi Mmmmm, There are a...

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11:14 13/04/2015

Hi Mmmmm, There are a lot of people on bashing PVR but in fairness to the management the oil market has gone through a huge adjustment at a time when they are trying to sell. I think the fact that they have a confirmed bid is great. Hopefully the funding materialises and we all make a packet of money. Alternatively with the equity raise that has just happened the pressure that PVR was under to make a really quick deal has now gone away so that puts them in a stronger negotiating position if the Sequa thing doesn't happen..

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