Why didn't Powerhouse' largest shareholder invest at IPO?
Instead, stake was diluted.
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Powerhouse Ventures’ [ASX:PVL] cornerstone shareholder did not plug any more money into the company during the initial public offer.
Christchurch City Council's economic development agency, Canterbury Development Corporation (CDC), was Powerhouse’ founding shareholder in 2006, initially
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Calida Smylie
Thu, 13 Oct 2016
Thu, 13 Oct 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Why didn't Powerhouse' largest shareholder invest at IPO?
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