The same reason they have the past few years. Short until booted out of the asx200, combined with a bad macro environment forcing instos to sell out and creating fear to the rest of us average investors. Smaller companies yet to make a profit to the people who have no idea about polynovo seems like a risky bet in uncertain times.
As DW mentioned at the agm, it is a defensive stock and the product is always going to be needed no matter what is happening in the world.
Can’t wait to see the ROW sales in 6 months time.
PNV - Banter and General Comments, page-10752
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Last
$2.39 |
Change
0.000(0.00%) |
Mkt cap ! $1.650B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.41 | $2.37 | $1.760M | 736.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23241 | $2.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.39 | 381 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |