Powerhouse Ventures Ltd. (AU:PVL) has released an update.
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Powerhouse Ventures Limited (PVL) reported a strong financial quarter ending September 30, 2024, with a cash position of $1.82 million and no debt, bolstered by profitable asset trades and a strategic portfolio company sale. The company is poised for growth with a proposed acquisition in the funds management sector, aiming to enhance shareholder value by transforming into a high conviction investment house. Additionally, PVL is expanding its corporate advisory services, leveraging opportunities from its investee network to drive revenue.
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