Blog
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An open letter to Tony O’Reilly Jnr.
Dear Tony, From a former supporter and sympathiser of yours, my writing this open letter to you illustrates just how dire I perceive the situation to be re management and execution at Providence Resources. To see (at the time of writing) the stock price decline to just 9.75p – now some 20+% less than the […]
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British Pound sentiment reaches all time low providing renewed buying opportunity
By Richard Jennings, CFA Figures released this Friday on the market positioning of participants in the currency futures market – the so called COT positioning revealed a new all time high in the net short by speculators (the other side of the short sales are the “commercials”) reaching some 90,082 contracts and open interest being […]
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The curious case of Providence Resources, “Junior” and corporate nepotism
Tony O Reilly Jnr By Richard Jennings, CFA We have written previously about PVR, as a quick scroll lower on this blog will reveal. As disclosed at the foot of this piece I am also a relatively significant private shareholder. This comment is to bring to the wider markets awareness what I believe is the […]