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Powerhouse cancels entitlement offer

It apparently has funding from two institutional shareholders instead.

Calida Smylie
Fri, 13 Apr 2018

Powerhouse has called off its proposed accelerated non-renounceable pro-rata entitlement offer.

The incubator had announced the entitlement offer to institutional and retail investors on Wednesday, to raise up to $A5.8 million to fund working capital and expenses.

Today, Powerhouse says while

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Calida Smylie
Fri, 13 Apr 2018
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Powerhouse cancels entitlement offer
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