Looks like Barrenjoey did the block at 12.01pm at 256. A cent or two higher than its immediate surrounds, but in the ballpark of where it spent most of 30 Jan. To me it looks instigated by a buyer and Barrenjoey has facilitated it by borrowing stock and selling it to the buyer as principal, but there are other possibilities. One is a large short looking to cover via a block, but again Barrenjoey would be taking that short as P and then i expect would cover it off over time.
Short Activity in PNV, page-5640
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Last
$2.64 |
Change
-0.010(0.38%) |
Mkt cap ! $1.823B | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.64 | $2.58 | $2.297M | 877.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2375 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.64 | 3584 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PNV (ASX) Chart |