PVL 0.00% 4.6¢ powerhouse ventures limited

I personally don't @Neverlookback (I like illiquid stocks), but...

  1. 3,387 Posts.
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    I personally don't @Neverlookback (I like illiquid stocks), but completely understand that liquidity is important for some styles of investing.

    "The smaller the better. The more illiquid the better. The least institutionally owned the better. The more misunderstood the better. The less talked about the better. You make money by driving through the fears of other investors." — Ian Cassel

    This is a tight register now, following stabilisation from Capital H. This is why in bear markets (as we witnessed with the Ukraine-Russia invasion), the stock barely moved. That's the benefit of having aligned investors. The same situation happened with ENA, which barely moved at all during the broader market sell-off last week.

    Investors are here for part ownership of the business over the medium-long term, by which time NTA per share should be significantly higher than the current share price should the team execute well.

    Cheers,
 
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