Are you short? This sure reads like it.
if the reason for going short was a cap raise they have got it very wrong. Revenue didn't match expectations because of lockdowns so they were right on that one . But now it's seems like it's growing fast. Why haven't they covered? My guess is the macro environment has supported short selling since the start of the year. The other read reason is greed. Thinking that it would drop below $0.80.
It seems like their time has run out now and some have realised there are better targets around than a company growing at 50%+.
PNV - Banter and General Comments, page-7198
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Last
$2.40 |
Change
-0.075(3.04%) |
Mkt cap ! $1.649B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.45 | $2.35 | $2.091M | 871.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 32634 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 2664 | 18 |
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| Last trade - 14.50pm 19/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |