whats interesting is looking at the ASX 200 removals; codan, appen, pnv. The first two shareprice hasn't faired well but PNV is rising..
I went through a bit of the latest appen news and it's not great for that stock right now. Their year to date revenues this year are lower than last year.
The same can't be said for Polynovo whose growth is rising and record months back to back reported.
Seriously I think the shorters have made a bad gamble on PNV. Just based on the last two sales updates and the insider buying. Very strong buy signals.
Ceo announcement and more sales news coming shortly. Pnv also hiring additional heads all scream of high growth. I bought a few more at 87 cents. In hindsight I wish I sold all my other stock and went all in on pnv at that price point.
resmed is currently trading at 37x earnings. If we start trading at 37x earnings on say 48 million pro rata that's a shareprice of 2.70-3 dollars there abouts.
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Last
$2.34 |
Change
-0.030(1.27%) |
Mkt cap ! $1.616B |
Open | High | Low | Value | Volume |
$2.41 | $2.43 | $2.32 | $5.953M | 2.536M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 29039 | $2.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.35 | 16702 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 2.330 |
7 | 38855 | 2.310 |
9 | 44383 | 2.300 |
1 | 2068 | 2.290 |
5 | 18946 | 2.280 |
Price($) | Vol. | No. |
---|---|---|
2.360 | 2068 | 1 |
2.370 | 2068 | 1 |
2.380 | 2068 | 1 |
2.390 | 2068 | 1 |
2.400 | 2068 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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