Massive news was announced earlier today in Australia - Skykraft (the [previously] 3rd largest position in the PVL portfolio) has raised $120m - the second largest raise in Australia this year. In my opinion, Skykraft is on track to become a $1bn+ business. If achieved, the ongoing success of this portfolio company could lift the Powerhouse (PVL) portfolio in the same vein as SiteMinder has done for Bailador (which eventually IPO'd and led to a liquidity event).
This news (RE Skykraft) is likely to be associated with a major uplift in Skykraft's valuation... Thus, it will be interesting to see where the PVL NTA lands, I suspect it may have risen from 8.9c/share to closer to 10c/share... compared to a current share price of sub 5c (assuming that the Skykraft valuation has doubled to circa A$150m).
This might be the catalyst that the stock needed to see a sustained re-rate in the share price that will close the gap back to NTA.Let's see - really exciting news - the share price finished up 15% today ... it could run a lot further given the very low starting point. The share price would need to rise circa 100% to get back closer to NTA/share. If Skykraft continues to perform, this could carry the PVL portfolio for many years ahead, and a PVL investment could turn into a longer-term compounding journey.
- Forums
- ASX - By Stock
- PVL
- Ann: Investment in Skykraft Pty Ltd
Ann: Investment in Skykraft Pty Ltd, page-11
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PVL (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $5.312M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.4¢ | $264 | 5.996K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 69766 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 2645 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 69766 | 0.043 |
1 | 50000 | 0.042 |
1 | 76923 | 0.039 |
1 | 200000 | 0.035 |
1 | 350061 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 2645 | 1 |
0.050 | 140000 | 1 |
0.054 | 68409 | 1 |
0.060 | 100000 | 1 |
0.065 | 76923 | 1 |
Last trade - 10.38am 28/08/2024 (20 minute delay) ? |
Featured News
PVL (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online