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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Mkt cap ! $5.192M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 43478 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.8¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 43478 | 0.046 |
1 | 71428 | 0.042 |
1 | 365853 | 0.041 |
2 | 116426 | 0.040 |
1 | 100099 | 0.010 |
Price($) | Vol. | No. |
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0.048 | 40000 | 1 |
0.049 | 90311 | 2 |
0.061 | 40475 | 1 |
0.069 | 84745 | 1 |
0.078 | 55000 | 1 |
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