Well every record month has pushed the share price up. Hitting 10m or even 11m is highly likely within a month or 2. IMO that could easily propel the share price to 2.2+ and from there the next major price level there has been resistance at is 2.5 then 3. Thats the only consistent announcements they publish, other than that it could be something random, another purchase agreement or some other deevelopment.
Also Look at the Chart, we only just got to thee 2$ level, You can see its still trending upwards slightly, but its early days, its gone above 2$ twice for a span of a few hours, plenty of stocks get stuck at resistance for weeks or months.
The price is up 50% in 3 months, you should be happy. If things sit around this point for the next month thats perfectly ok, you cant expect it to climb at the rate it has indefinitely, if it did, the price would be 10$ a share this time next year. That would be wonderful, but its not happening.
PNV - Chart, page-18230
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Last
$2.45 |
Change
0.010(0.41%) |
Mkt cap ! $1.691B | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.51 | $2.43 | $5.243M | 2.122M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35541 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 2681 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PNV (ASX) Chart |