Providence Resources has broken its investors’ hearts. Since it was set up in 1998, it has lost £285 million. The worst part is that investors’ expectations have been continually raised and then dashed, as deal after deal to develop Providence’s oil has fallen through.  Why then is Larry Goodman suddenly showing an interest? And why is he doing so in public view? Goodman normally stays out of the limelight. But yesterday Vevan Unlimited Company, a company controlled by Goodman, bought over 2.5 per cent of Providence. The deal pushed Goodman’s holdings in Providence above the three per cent threshold, after…

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