Austal and Nick Scali in, Healius and Stanmore Resources out.
Expect most will hold cards and be planning exits or another attack. Just need a few nervous hands to move and the trigger will be pulled. If there is a positive or a few market sensitive announcements there could be a rush for the exits!
I would not want to be holding a large parcel as there are large risk points from:
1. Increased borrowing payments 2. CEO Announcement 3. Islet Announcement 4. EOFY Results Announcement 5. Record sales months Announcement 6. Maiden FY Profit (or did we get this) 7. Completion of new production facility 8. M/A activity
PNV Price at posting:
$1.32 Sentiment: Buy Disclosure: Held
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