Directors committing to stock acquisition is positive. The shorts are there because they need to be either as a hedge or a speculative strategy on an unproven stock from a financial point of view .
Now if the market takes a liking to this stock, which it appears to have, then it will rise simply on the excitement alone. Holders get a free pass early on.
Alhambra.
Short Activity in PNV, page-2261
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Last
$2.07 |
Change
0.030(1.47%) |
Mkt cap ! $1.429B | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.12 | $2.05 | $2.783M | 1.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 19976 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 9633 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PNV (ASX) Chart |