I tend to agree as I think those that missed out in the $1.90 raise will step in pretty shortly to add the shares they did not get. The other side of the coin is that the shorts may take another punt on market sentiment driving this lower on fear which I think will dry up with some positive announcements about momentum/sales in India and further US sales.
One could argue that in the current inflationary environment hospitals will be forced to lower costs as much as they can, so the conclusion would be to buy the product that is cheaper and gets patients out of hospital beds quicker!
In the game of sales play to your strengths - whilst I believe that part of the pitch is better patient outcomes the absolute driver will be $ saved.
Tick and Tick!
I tend to agree as I think those that missed out in the $1.90...
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Last
$2.42 |
Change
0.150(6.61%) |
Mkt cap ! $1.670B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.42 | $2.29 | $4.630M | 1.958M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3536 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 38315 | 8 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| PNV (ASX) Chart |