UK 15:42 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Often it can pay to take a very long term approach with certain companies and I feel that will be true with Providence Resources (PVR). For many on AIM these days the definition of ‘long term’ seems to be holding for more than a few days, but with this one you’re going to need far more patience and there is a fair chance it will fall lower.
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Comments
wildrides
sounds like an asset no one wants
mester
PVRs biggest problem is the lack of cashflow. Could a merger/take over of a smaller E&P company be a feasible solution. Atlantic Petroleum could be an option the market cap is about 25 mio£, and they have a positive cash flow…