• An open letter to Tony O’Reilly Jnr.

    August 20, 2016 | Posted by

    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 […]

  • British Pound sentiment reaches all time low providing renewed buying opportunity

    August 13, 2016 | Posted by

    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 […]

  • The curious case of Providence Resources, “Junior” and corporate nepotism

    August 7, 2016 | Posted by

    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 […]