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8.22%

7.9¢ powerhouse ventures limited

Ah yes, I see they issued a correction. If they convert at a...

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224 Posts.

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25/07/18

11:14

Post #: 34552326
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Originally posted by nzvcib ↑

Those notes actually mature in December from memory. They cocked up the announcement and eventually had to update it. I think the holders might have had the option to convert up to June.

So the cash impact will be in the december quarter. Based on cash flow forecasts, sale of Invert they will probably have $1m going into that quarter needing $2-3m.

My pick the notes get rolled over or converted to shares at a significant discount to the share price.

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Ah yes, I see they issued a correction.
If they convert at a discount, or even at current share price, it will be a fair chunk of the company .

PVL Price at posting: 19.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 7.9¢		Change 0.006(8.22%)		Mkt cap ! $6.520M

Open	High	Low	Value	Volume
7.6¢	7.9¢	7.6¢	$1.293K	16.53K

Buyers (Bids)

No.	Vol.	Price($)
1	8461	7.6¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	57365	1

View Market Depth

No.	Vol.	Price($)
2	97825	0.046
1	69766	0.043
1	50000	0.042
2	176923	0.039
1	200000	0.035

Price($)	Vol.	No.
0.053	48549	1
0.059	84745	1
0.060	100000	1
0.062	108212	2
0.065	76923	1

Last trade - 11.35am 04/12/2024 (20 minute delay)

PVL (ASX) Chart