Powerhouse Energy Group (PHE)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

 1.10p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.00
  • 52 Week Low: 0.25
  • Currency: UK Pounds
  • Shares Issued: 4,196.65m
  • Volume: 4,859,479
  • Market Cap: £46.16m

Powerhouse Energy discredits reports of Chester planning rejection

By Duncan Ferris

Date: Wednesday 06 Jun 2018

LONDON (ShareCast) - (Sharecast News) - UK technology firm Powerhouse Energy on Wednesday has branded reports that University of Chester's Thornton Science Park faces closure by Cheshire West and Chester Council as "inaccurate".
The AIM-traded company said it has received written confirmation from the chief executive of Thornton Science Park that a recent decision by the council's planning committee does not relate to facilities associated with the company's research and demonstration unit.

As such, Powerhouse said it does not face any foreseeable disruption in its operations at the site.

Keith Allaun, chief executive of PowerHouse Energy Group, stated: "Our engineering operations continue unabated as we move to completion of our commercial design on a daily basis - supported by the empirical data we continue to accumulate though our testing regime - which will continue for the foreseeable future at the Energy Centre."

The company said it will therefore continue to actively engage in its extensive test engineering of native and mixed plastic feed-stock in support of the commercial design effort currently under way.

"The University intended for there to be tremendous synergy between itself and the tenants of the Energy Centre. We're confident that such synergy and mutual support will continue between PowerHouse and the Centre," said Allaun.

As of 1604 BST, Powerhouse Energy's shares were up 7.78% at 0.49p.

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PHE Market Data

Currency UK Pounds
Share Price 1.10p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.00
52 Week Low 0.25
Volume 4,859,479
Shares Issued 4,196.65m
Market Cap £46.16m

PHE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.14% below the market average49.14% below the market average49.14% below the market average49.14% below the market average49.14% below the market average
67.38% below the sector average67.38% below the sector average67.38% below the sector average67.38% below the sector average67.38% below the sector average
Price Trend
55.30% above the market average55.30% above the market average55.30% above the market average55.30% above the market average55.30% above the market average
49.22% above the sector average49.22% above the sector average49.22% above the sector average49.22% above the sector average49.22% above the sector average
Income Not Available
Growth
29.65% below the market average29.65% below the market average29.65% below the market average29.65% below the market average29.65% below the market average
28.62% below the sector average28.62% below the sector average28.62% below the sector average28.62% below the sector average28.62% below the sector average

PHE Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:23 123,207 @ 1.13p
15:16 121,326 @ 1.03p
14:20 26,000 @ 1.09p
14:17 1,090,153 @ 1.10p
14:10 43,774 @ 1.03p

PHE Key Personnel

CEO Paul Emmitt
CFO Ben Scott Brier

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