Thanks, @gixxerboy — no worries.
I spoke with Chairman James Kruger recently — very impressed with his credentials, connections, down to Earth style, and ambitions for CY22. Just wish I could pick up some more stock on market without moving the price around too much, a very tight sell-side!
Expect it to run to 20c+ ($20m MC) and form a new base there once we start hearing more from the company this quarter — particularly when the new level of cash-burn is revealed in the next quarterly (which will be very low given that virtually the entire team have elected to take options instead of a salary, with a 20c target).
ARC is at a $20m+ valuation (which is the other investment in the Capital H Active Portfolio) and I tend to think that PVL should be on an equal valuation or more (given PVL's bigger, more credentialed team and a larger portfolio of investments).
I also like the upside potential here for PVL (VC investments that could 10x) more than ARC (equity investments in fund manager affiliates that scale gradually). As such, I am moving my investment in ARC ($22m MC) across to PVL ($12m MC).
Cheers,
- Forums
- ASX - By Stock
- Why I am Buying Powerhouse Ventures
Thanks, @gixxerboy — no worries.I spoke with Chairman James...
-
- There are more pages in this discussion • 26 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
|
|||||
Last
4.0¢ |
Change
0.001(2.56%) |
Mkt cap ! $4.83M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 4.0¢ | $14.98K | 374.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 256609 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 1987870 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 256609 | 0.038 |
1 | 100000 | 0.036 |
1 | 2061 | 0.034 |
1 | 150000 | 0.031 |
1 | 1200000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 1987870 | 1 |
0.044 | 9410 | 1 |
0.049 | 50311 | 1 |
0.071 | 70422 | 1 |
0.078 | 55000 | 1 |
Last trade - 14.41pm 28/06/2024 (20 minute delay) ? |
Featured News
PVL (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online