when the notice announcing PB's end of tenure came out, I did think it was rather terse and hoped that it was not acrimonious
but PB's decision (and that of his partner) to unload en masse virtually their entire positions would suggest otherwise
on the negative side (hindsight is a wonderful thing) - the sudden selling of 8 million plus shares coupled with about 6 million shorts (in one day), was always going to put the SP under severe pressure
on the plus side - PB is now just about spent and the shorts are well over 7% - so perhaps the flood of selling will abate and we can get back to something akin normal trading
what is perhaps most disconcerting is that for the past nearly 3 weeks the focus (at least on HC) has not been on the task at hand - the growth of an amazing Aussie biotech company - but instead on something much more ephemeral, the daily SP
Ann: Managing Director resignation, page-354
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Last
$2.36 |
Change
0.020(0.85%) |
Mkt cap ! $1.628B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.40 | $2.33 | $1.160M | 491.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5181 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 1873 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |