PNV 0.97% $2.05 polynovo limited

What a horrible seven days. The fact it could not hold 2.30 is...

  1. 1,258 Posts.
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    What a horrible seven days. The fact it could not hold 2.30 is really disappointing. I knew it had accelerated too quickly beyond that which brings in the risks but thought it would hold the 2.30 so lets hope we can solidify that point with a good announcement and that we have more than one analyst in town proclaiming its wonders in the way it should be rather then the others simply talking about revenue. My largest holding is a stock which has never moved much, even through the worst recent years and it has slumped alongside PNV, so yeah its been nasty if one has heavily invested. This year is going to be more volatile then last year so one has to buckle up. Stock in the US is bloated and definitely in a bubble for the majors and justifying this with earnings is rubbish good for fund managers only so there will be a dip. Justifying prices on the basis interest rate cuts are coming is hollow as well as this was built in ages ago. Its a shame we had all the good news recently and not when the US indices were accelerating up. Only great news being regularly anounced will create winners moving on. Still enjoying being in solid profit zone and news iof the stock is out there fermenting nicely so at least that has happened . Will put in backdraw until another good sales announcement. I agree with chartists that we should see it bounce up .
 
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Last
$2.05
Change
-0.020(0.97%)
Mkt cap ! $1.414B
Open High Low Value Volume
$2.04 $2.07 $2.01 $2.692M 1.320M

Buyers (Bids)

No. Vol. Price($)
2 8476 $2.04
 

Sellers (Offers)

Price($) Vol. No.
$2.05 51937 4
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
$2.05
  Change
-0.020 ( 0.67 %)
Open High Low Volume
$2.06 $2.06 $2.01 236515
Last updated 15.59pm 21/05/2024 ?
PNV (ASX) Chart
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