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Platypus Asset Management acquires 5.02% of Po Valley Energy

Sydney-based fund manager, Platypus Asset Management has lodged a notice of initial substantial holder for Po Valley Energy (ASX: PVE).

On 16 November 2009 Platypus acquired 5.52 million shares in PVE at an average price of $1.464. The fund manager holds 5.02% of Po Valley Energy - now a gas producer in Italy.