The way I see it the market pretty much knows what will be in this report - so any downside would be very surprising and unlikely.
If, however, there is anything announced that the market doesn't know - which would not be surprising - I expect it will be good and cause some upward movement to a new "base" level.
If you draw a line from where the share price is, to where its heading, it has to take some upward steps at some point
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Ann: FY20 Results Webcast, page-3
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Last
$2.50 |
Change
-0.110(4.21%) |
Mkt cap ! $1.801B | |||
| Open | High | Low | Value | Volume |
| $2.69 | $2.74 | $2.50 | $4.871M | 1.842M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 49715 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 35902 | 17 |
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| PNV (ASX) Chart |