PVL 1.96% 5.2¢ powerhouse ventures limited

Ann: Partial Sale of Powerhouse's Shares in Invert Robotics, page-3

  1. 13,972 Posts.
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    Nzcib,
    I tend to think it’s a bit of a firesale price, but then as a happy Invert holder I am biased. Now need to decide whether to exercise some of my pre-emptive rights. Would like to know who the buyer is.

    As for PVL well the cupboard will be bare soon. No doubt they will flog off their Mars stake before it reaches any kind of potential too. The best investment they could make, and I’ve been saying it for a year, is to really cut overheads savagely. Syft and Arc were probably right to have sold.

    No indication yet imho that Yardley has a clue.

    EL
 
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