There is not another rebalance of the ASX 200 until June so a strong chance some good news drops before then. Maybe the shorts are making the most of general market uncertainty to recoup some of their positions prior to more interest in what is an excellent stock for global ans AUD risk hedging.
Every time the AUD dips the relative cost of the Aussie operation drops due to the OS funding predominance. Income from Europe and US means we have hedged cost of equipment and service from OS for new builds, sales staff and in-country tax requirements.
If the shorts are having another crack then I will make sure some powder is dry. There is gap at 1.74 to fill after all...
There is not another rebalance of the ASX 200 until June so a...
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Last
$2.09 |
Change
0.080(3.98%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.09 | $2.03 | $1.476M | 710.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5010 | $2.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 135016 | 10 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.09 |
Change
0.080 ( 3.33 %) |
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| Open | High | Low | Volume | ||
| $2.03 | $2.09 | $2.03 | 302647 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PNV (ASX) Chart |