PNV 9.28% $2.59 polynovo limited

Well,finished at 1.48market cap close to 1 billion.maybe they...

  1. 399 Posts.
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    Well,
    finished at 1.48
    market cap close to 1 billion.
    maybe they will sell into news
    of the CEO
    and the last quarter sales results.
    not looking at this month,
    looking further out.
    When shorters will have to lowered there
    exposure to PNV.
    at 58 million shares they are short.
    they are now buyers
    not sellers.
    it may push us back into
    the ASX 200 in March 2023 ?
    when we entered in 2019,
    45 million shares were traded that day.
    mandated buyers.
    They may not as be as keen to lend out
    this time around as the business
    is showing real green shoots.
    Then add into the equation
    professional buyers that only buy
    free cashflow business and growing
    rev base companies.
    Not willing to call check mate yet ,
    however
    the 6 million spent by David Williams
    could in fact turn out to be a master stroke
    timed to the minute.

 
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Last
$2.59
Change
0.220(9.28%)
Mkt cap ! $1.787B
Open High Low Value Volume
$2.44 $2.62 $2.44 $11.81M 4.632M

Buyers (Bids)

No. Vol. Price($)
5 8020 $2.58
 

Sellers (Offers)

Price($) Vol. No.
$2.59 48292 7
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
PNV (ASX) Chart
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