Following the sale of Firmus, 50% of the current PVL market cap is now accounted for by cash at hand. Good position to be in with the risk-free rate (10 Year Treasury rate) currently at 4.21%. (PVL can earn ~$135k p.a. in interest income).
Firmus's recent partnership with ST Telemedia Global Data Centres looked promising, but as a shareholder, I am supportive of this strategy to return more of the NAV to cash (particularly for the lower conviction port co's and/or legacy investments). The greater the percentage of NAV held in cash, the lower the SP/NTA discount (in theory).
I'm most bullish on the prospects of Skykraft, Quantum Brilliance, Urbix and Liquid Instruments - and I suspect the board is too. If any of these were contemplated on the secondary market, PVL would most likely only take a premium to the current disclosed NAV.
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Last
5.2¢ |
Change
0.001(1.96%) |
Mkt cap ! $6.278M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.2¢ | $1.889K | 36.32K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 238676 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.047 |
2 | 97825 | 0.046 |
1 | 69766 | 0.043 |
1 | 50000 | 0.042 |
2 | 176923 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 238676 | 1 |
0.053 | 48549 | 1 |
0.059 | 84745 | 1 |
0.062 | 108212 | 2 |
0.065 | 76923 | 1 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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