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7.5¢ powerhouse ventures limited

Ann: Media Release - Motim Notice of Special Meeting, page-3

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entropylord

13,982 Posts.

1053

17/04/18

09:42

Post #: 32497061
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Originally posted by nzvcib ↑

Valued at US$15m by who - Powerhouse Ventures or its Director on the Motim Board? The other party - valuing their non cash input.

The proposal seems to be to sell 100% of Motim's assets for 30% of the new shell company, controlled by some unknown people, whose expertise etc is worth $10.5m.

Sorry this announcement is nothing but a joke and if the shareholders do agree then that is a real reflection of the lack of commercialisation expertise that PVL brings to its investee companies. Or of course they are too busy doing rights issues, then not doing rights issues, selling Invert then not selling Invert, then selling Invert.

PVL is desperate for anything that might mean a little cash in their pocket regardless of the impact on shareholders. Would love to be at the Motim meeting - might see if I can get a proxy.

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IT does look to me like it’s primary function has become a trough.

PVL Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.5¢		Change 0.000(0.00%)		Mkt cap ! $9.355M

Open	High	Low	Value	Volume
7.5¢	7.5¢	7.5¢	$1	10

Buyers (Bids)

No.	Vol.	Price($)
1	100000	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.6¢	151869	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.071
2	672454	0.070
1	149253	0.067
1	35000	0.065
1	500000	0.063

Price($)	Vol.	No.
0.076	151869	1
0.078	91000	1
0.083	360240	2
0.088	179545	2
0.100	100000	1

Last trade - 11.21am 14/10/2024 (20 minute delay)

PVL (ASX) Chart

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