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Powerhouse Ventures Ltd. ( (AU:PVL) ) has shared an update.
Powerhouse Ventures Limited has reduced its stake in Percheron Therapeutics Limited, a company in which it held a significant interest. The change, effective from April 17, 2025, saw Powerhouse Ventures decrease its voting power from 10.12% to 5.06% by selling 55,000,000 ordinary shares for $466,471.50. This reduction in shares may impact Powerhouse Ventures’ influence in Percheron Therapeutics and reflects a strategic decision to alter its investment portfolio.
More about Powerhouse Ventures Ltd.
Average Trading Volume: 202,156
Technical Sentiment Signal: Sell
Current Market Cap: A$14.2M
For an in-depth examination of PVL stock, go to TipRanks’ Stock Analysis page.
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