PVL 0.00% 4.5¢ powerhouse ventures limited

I’m not sure if you’re referring to me, but I wasn’t trying to...

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    I’m not sure if you’re referring to me, but I wasn’t trying to provide legitimacy to anything. I was quoting a figure from the balance sheet.
    If I can’t use share capital as a reasonable reflection of shareholder capital contribution then what can I use?

    Calculating manually:
    Value of portfolio acquired in roll up 9.1m
    + Capital raisings 2015 3.55m
    + CR 2016 5.2m
    + Con Note 2016 1.25m
    + IPO 10.8m

    In addition they have had over $7m cash in govt grants since 2014.

    The original point that I was trying to make is that you can’t use the amount invested in the portfolio to measure success as it ignores significant operating overheads.
 
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