One remarkable thing about yesterday's action. The Demand Index was above 0 and is still above 0. That means even with the 12% drop, demand was higher than supply, and demand is still higher than supply atm. Logically when demand is higher than supply, the price should be rising.
The Up Down Volume ratio was 1.53. Anything above 1.0 indicates that share accumulation is happening. Institutions with deep pockets are the only ones that can do that. I suspect some manipulation must be happening so they can pick PNV on the cheap. Institutions may manipulate and lie, but volume indicators don't. Just my opinion, DYOR.
One remarkable thing about yesterday's action. The Demand Index...
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Last
$2.47 |
Change
-0.120(4.63%) |
Mkt cap ! $1.704B | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.58 | $2.47 | $3.191M | 1.271M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 15844 | $2.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.48 | 22823 | 2 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |