PNV 0.41% $2.45 polynovo limited

Ann: Completion of $30m Institutional Placement, page-15

  1. 257 Posts.
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    at a max the $30,000 is about 15,000 shares ..but it is related to how many shares are already owned, so for smaller punters this might be an allocation of 5 or 10,000 shares ..
    lets see .. sell at 1.95 - 2.00 .. buy at 1.90
    makes a profit of.. max $1500 dollars (for those with large allocations, who I doubt would be interested in selling).. min $250 (the average punter)... and then there are broker fees as well
    so if $200 is an earner for you, well then knock yourself out and go for it ... just don't spend you largesse all at once .. .
 
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