PVL 2.27% 4.5¢ powerhouse ventures limited

Cheap Shell, page-2

  1. 223 Posts.
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    Finally a post on the PVL thread!

    At 6.5c per share PVL actually has a negative EV of $2.4m. $4.2m market cap with $3.1m cash and $3.5m investments (allowing for NZD fx and the recent sale).

    The management clear-out is good news and the new Investment Committee members & management appointments certainly have impressive CV's. Good to see Brendan is also a substantial shareholder and the team are taking part shares instead of just all cash for wages.

    10.5c per share and the EV would be just over zero....
 
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4.5¢ 4.5¢ 4.5¢ $4.861K 108.0K

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