I don’t think it’s that simple. DW would have done his own company valuation based on his intimate knowledge of current and potential PNV revenue streams, business operations and timelines. I believe his timing is right and backed up by his own conviction. Think about it. He could have started buying @ 80c odd but he didn’t. In summary, I don’t think he is buying just to upset shorters. He knows that his 4mil invested now will be worth $20 or $30mil in few years time. It is that simple.
Ann: Director Share Purchase - David Williams, page-8
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Last
$2.61 |
Change
0.090(3.57%) |
Mkt cap ! $1.801B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.66 | $2.58 | $3.183M | 1.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19229 | $2.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.62 | 3084 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PNV (ASX) Chart |