Powerhouse Energy Takeover Rumours (PHE)

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Powerhouse Energy Takeover Forum Posts

21-03-2021
Just for info: Waste2Tricity Ltd. is a wholly owned subsidiary of PHE, so no other party has an interest in it. Wast2Tricity will be "struck off" on 16 May 2021, two-months notice having been given. (See Companies House web site.) Wast2Tricity International Ltd. was disolved on 16 March 2021. (See Companies House web site.) Waste2Tricity Protos Ltd. was dissolved on 26 January 2021. (See Companies House web site.) Upon the takeover of W2T all of the rights held by the W2T companies reverted back to PHE. Note that following the takeover of W2T the share price of PHE increased by a very considerable factor, so it was clearly a beneficial move for existing PHE shareholders despite all of the doom and anticipated dilution of shareholders' value. Of course you knew all of this, deccer, didn't you?
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