yeah i'm with Latte larry. these macro events for inflation are going to persist for sometime. the US hasn't reined in the inflation. so the market will be on knives edge for the next few months; if inflation keeps rising there is going to be more of a market crash i reckon. i cant see the market as a whole running up. if recession hits and price of oil drops, we also face risk from china with falling iron ore prices causing a slump on the asx. i think at some point the medical stocks will start shining; pnv will be one of those; they have best of breed product; competition isn't close to it and it's cheaper. just a matter of getting good hires and growing sales. very sticky moat like product, once it is in, surgeons find new ways to use it driving demand; you couldn't ask for more... the ceo we get will make a big difference i think so i hope it's a good one. that could instill a lot of confidence in future of PNV.
we don't know what the cash balance is looking like; will we get any CR between now and next year? we might; hope not but it's more possible than say over the next 6 months imho. any CR will put a potential dent in shareprice growth.
what i don't get is the last few ann have been very positive and reaffirming... but we are only just starting to creep back up.shorters will need to exist and fall back to 3-5% of total shares so we don't run the risk of shorters manipulating
calling 2 dollars by end of this year and 2.50 by June 2023 with a few ups and downs along the way
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Last
$2.43 |
Change
-0.090(3.57%) |
Mkt cap ! $1.678B |
Open | High | Low | Value | Volume |
$2.49 | $2.50 | $2.43 | $2.311M | 940.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17100 | $2.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.45 | 5973 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3676 | 2.430 |
3 | 90325 | 2.410 |
5 | 6907 | 2.400 |
3 | 12912 | 2.390 |
4 | 9798 | 2.380 |
Price($) | Vol. | No. |
---|---|---|
2.470 | 2157 | 1 |
2.480 | 2157 | 1 |
2.490 | 2157 | 1 |
2.500 | 20894 | 3 |
2.510 | 8619 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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