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.
The same reason they have the past few years. Short until booted...
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Last
$2.35 |
Change
0.020(0.86%) |
Mkt cap ! $1.623B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.37 | $2.27 | $3.035M | 1.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 26580 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 12054 | 2 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| PNV (ASX) Chart |