PNV 5.11% $2.47 polynovo limited

Ann: Director Share Purchase - David Williams, page-28

  1. 904 Posts.
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    That buying on the market has been a wonderful signal and who is saying that there isn't more to come (like last time when we had a series of buys)? The problem for the shorters is that they don't know if, at what magnitude and when that may happen. They are very exposed. In the meantime, the company is progressing amazingly well. So the last two announcements put double pressure on the shorts Would be nice to get a little squeeze and the SP back well above $2 in the not so distant future.

    https://hotcopper.com.au/data/attachments/5336/5336466-35047c3875ba4522b4cf72cf9451741a.jpg

    Last edited by avinvest: 08/06/23
 
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