Powerhouse shares drop after listing on ASX
This is despite the company releasing improved 2016 results. UPDATED with opening trading, CEO comments.
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Hawke’s Bay
Powerhouse Ventures [ASX:PVL] shares have dropped slightly since listing on the ASX this afternoon.
The company listed at 11am Australian time (1pm), issuing 9.5 million new shares at $A1.07 a share, the price set in the book build.
The share price has since dropped to $A1.04.
The
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Calida Smylie
Wed, 12 Oct 2016
Wed, 12 Oct 2016
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Powerhouse shares drop after listing on ASX
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