Not stupid is he? Lets the thing run above $1.30 to as high as $1.41 without buying and steps in on subdued days to buy. A short-term floor below his buy average seems a logical presumption.
I must confess I sold 30% of my position at $1.36+ as I am 55:45 on it staying in the ASX200 (really depends on how many new stocks S&P adds), but happily buying back at $1.12+.
Index rebalance notice post close and most of the funds will pride themselves on having already adjusted, so I don't expect much more selling even if PNV removed. Will personally pick up the balance and more than I sold if it is. Onwards and upwards with PNV growing revenues and positive free cash flow, as the company and now Chairman are signalling.
Not stupid is he? Lets the thing run above $1.30 to as high as...
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Last
$2.04 |
Change
0.055(2.77%) |
Mkt cap ! $1.409B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.05 | $1.99 | $3.142M | 1.550M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1009 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 999 | 1 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| PNV (ASX) Chart |