PVL
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0.00% 7.5¢ powerhouse ventures limited

Ann: Media Release - Invert Stake Sale Update, page-2

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  1. nzvcib
    275 Posts.
    lightbulb Created with Sketch. 10
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    24/08/18
    10:59
    Post #: 35151968
    So the funds will be used to invest in new and existing businesses - brilliant.....so whos paying the salaries and overheads........One suspects most of this will go to fund management. Model is totally broken.

    Any Venture Fund knows you run with the companies that are delivering and by default they will become a big part of the portfolio.....this is nto a normal investment fund, where becoming overweight is an issue.
    PVL Price at posting: 17.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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