Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Lithium
43.05
1.39%
Gold
2,762.10
(0.02%)
Copper
4.31
(1.69%)
Oil
70.46
(1.25%)
Bitcoin
66,337.19
(1.54%)
FTSE 100
8,264.60
(0.5%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,924.89
0.11%
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.8%)
Hang Seng
20,760.15
1.14%
Powerhouse Ventures (ASX: $PVL) announces strategic acquisition plans
- Author: Stock Piper
Powerhouse Ventures' strategic update
Powerhouse Ventures (ASX:PVL) has released its quarterly update for the period ending 30 September 2024. The company reported a cash position of $1.82 million with no debt and a total of $2.76 million in listed and cash assets. Key developments include the planned sale of a portfolio company and a strategic acquisition proposal in funds management.
Future outlook and strategic goals
Powerhouse Ventures (ASX:PVL) is actively pursuing strategic initiatives to transform its business model and enhance shareholder value. The company's planned acquisition in funds management, pending approval at the upcoming AGM, aims to position PVL as a specialist investment house. PVL is also establishing a corporate advisory unit and has made initial investments to bolster its portfolio. The company remains committed to improving net tangible assets per share and reducing the valuation gap. With a robust cash position and strategic investments, PVL is poised for growth and expansion in the venture capital and corporate advisory sectors.
Executive insights on strategic direction
We are excited about the strategic acquisition in funds management and our plan to become a high conviction, specialist investment house. This move is designed to enhance our shareholder value and expand our business operations.
POWERHOUSE VENTURES LIMITED
PVL | ASX | Financials
0.0740.002(+2.78%)
At close 22/10 (AEDT)
Market cap
$9.2M
Volume
93,176
DY Yield
PE Ratio
Infinity
52 Week Range
0.031 - 0.083
1YR Return
N / A
Please login to comment
0 Comments
ASX News, First
& Fast.
By clicking Subscribe, you agree to our Terms & Conditions
ASX News, First And Fast.
By clicking Subscribe, you agree to our Terms & Conditions
© 2024 Stock Piper.
All rights reserved
All rights reserved
Support
© 2024 Stock Piper. All rights reserved
Social Media Auto Publish Powered By : XYZScripts.com
Stock Piper AI Index Coming Soon!
Join our Newsletter to gain exclusive insight and be notified once we are live.
By clicking Subscribe, you agree to our Terms & Conditions
ASX News, First And Fast.
Get all the latest market updates straight to your inbox.
By clicking Subscribe, you agree to our Terms & Conditions