We are currently one of the worst 20 performing ASX200 stocks so good chance we will get kicked out . Depends though because I think there are about 15 who have done worse so we may scrape in. Big difference this time is some of the big players have already put in notices that they have sold down so effect may not be so bad in terms of forced selling. What the shorts need to be concerned about is some of the larger companies who have mandate outside the 200 having a change of heart and buying back in . Best thing retail believers can do is hang in there and ride the cycle and wait for the company to make some positive announcements re management , pipeline of NPD , and continued strong results especially in new territories and MTX. Even small volumes of retail shares can continue to help depress the price. The underlying fundamentals are great it’s just stability and market confidence lacking. DYOR GLTAH.
PNV Price at posting:
$1.38 Sentiment: Hold Disclosure: Held
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