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The latest announcement is out from Powerhouse Ventures Ltd. ( (AU:PVL) ).
Powerhouse Ventures Limited has reported significant progress in its operations for the quarter ending December 31, 2024. Key achievements include an uplift in net tangible assets to 10.4 cents per share, completion of the acquisition of Aliwa Funds Management, and a merger involving its Natural Capital portfolio company that positions it as a leading carbon project developer in Australia. The company also finalized its acquisition of an Australian Financial Services License and signed its first advisory contracts, which are expected to contribute positively to its financial performance. These moves are likely to enhance PVL’s market position and deliver substantial shareholder value by expanding its funds under management and investment capabilities.
More about Powerhouse Ventures Ltd.
Powerhouse Ventures Limited operates as a specialty investment and advisory company, focusing on asset classes experiencing short-term market dislocation or those representing new growth opportunities. The company leverages its expertise in AI, advanced computing, and materials science to capitalize on market volatility and global technological shifts.
YTD Price Performance: 11.11%
Average Trading Volume: 207,399
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$13.72M
Find detailed analytics on PVL stock on TipRanks’ Stock Analysis page.
