By Peter Brailey | Sunday 12 September 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I sometimes feel I am being mean and nasty about Powerhouse Energy (PHE) which must have some good aspects on the investment case somewhere, but it does have an incredible ability to serve up questionable aspects of the investment case with regularity. The latest amusement is the communications from Hydrogen Utopia International (HUI) – the new start up licensee backed by Howard White, the Powerhouse major shareholder. Tom Winnifrith called out the HUI statement issued on 5th September which the company responded to on 6th September here. HUI has been at it again putting questionable information in the public domain and I rather think a Powerhouse statement is required.
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