Yep. You only have to look at the stability of the top twenty list over several years to see that there has been no panic among those who base their decision making on company fundamentals.
The company has forecast moving into profit this FY on the back of continued strong sales growth.
It doesn’t have to go to the market for additional capital, so the sp is an opportunity rather than a sign of weakness.
One of the most anticipated short term catalysts, in my view, will be the news around BARDA - the pivotal trial and consequent decisions. I reckon that will make the market wake up and the worm turn.
PNV - Chart, page-17174
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Last
$2.30 |
Change
0.000(0.00%) |
Mkt cap ! $1.587B | |||
| Open | High | Low | Value | Volume |
| $2.34 | $2.35 | $2.27 | $1.711M | 744.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14000 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 13896 | 5 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |