Sssh. Don't talk common sense. I want to buy back in lower.
Its an expansionary capital raise guys. Relax. The stock will probably trend towards $1.90 short term, as these things do, and then carry merrily on up with the business expansion trend, that will only be amplified by this push. Was only six months ago this thing was trading $0.84. A little pullback on this news just fine.
I was kind of expecting this personally from recent announcements; never 100% sure. This is a metaphorical catch of breath and replenishment, before the business ascends only higher.
Soooo many biotechs/novel medical device companies trading at silly multiples in both the US and particularly AU, given the likely growth of revenues.
Ann: Trading Halt, page-78
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Last
$2.01 |
Change
-0.030(1.47%) |
Mkt cap ! $1.388B | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.04 | $1.99 | $2.209M | 1.099M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12000 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.01 | 4996 | 1 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| PNV (ASX) Chart |