Powerhouse Ventures Ltd. ( (AU:PVL) ) has issued an announcement.
Powerhouse Ventures Limited has issued over 20 million fully paid ordinary shares at $0.09 each, in compliance with ASX Listing Rule 7.1, without requiring disclosure to investors under the Corporations Act. This move aligns with the company’s strategic focus on expanding its investment capabilities and market presence, potentially enhancing its positioning in the investment sector and offering new opportunities for stakeholders.
More about Powerhouse Ventures Ltd.
Powerhouse Ventures Limited is a high conviction, specialty investment house offering a range of funds management products, advisory and capital syndication services, and investor relations support. The company focuses on asset classes experiencing short-term market dislocation and those that are under-appreciated or represent emerging growth opportunities, with a particular interest in listed small caps, Australian carbon projects, and technologies poised to become critical infrastructure.
YTD Price Performance: 10.0%
Average Trading Volume: 216,828
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$13.59M
See more data about PVL stock on TipRanks’ Stock Analysis page.