Powerhouse writes down Hydroworks stake to nil
“It should never have come to this. Hydroworks is an engineering company, it's not bull dust," angry shareholder says.
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Hawke’s Bay
Powerhouse Ventures has written down the value of its stake in hydro-engineering company Hydroworks to nil, due to its substantial financial issues.
In a statement to the ASX, Powerhouse chief financial officer Paul Viney says the board believes a “material degradation” has occurred to the value
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Calida Smylie
Thu, 10 Aug 2017
Thu, 10 Aug 2017
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Powerhouse writes down Hydroworks stake to nil
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