If sales figures are bad then it deserves to be sold off. I'll be surprised but there you have it.
The product is good and the surgeons I work with love it. No reason, IMO, to think sales will be crap.
Everyone is entitled to their own opinion.
But it's getting sold off, nothing fundamental has changed, so this sell off is due to impatience, unless there's bad news and a leaky ship.
I always said it got ahead of itself when it shot to $4. The retrace was fair.
This retrace? Maybe fair?
All this discussion is very boring. It's all speculation. I'm happy to hold. I have been for years, and nothing about this pattern is new.
PNV - Chart, page-10944
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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 |