Good to see some honesty in your actions, have to agree with a lot of what you said. May or may not hit 1.50 though and you can get caught out on the announcement of good news. I must say it was looking frothy at 2.30-2.50 and any slightly weaker than expected sales figures was always going to be a drag on the SP.
To me, it looks like good value now. It is always going to be volatile when you fork out for extra staff to aggressively expand, but I feel that this is the right time to do it. Good luck on your alternative picks.
PNV - Chart, page-3743
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Last
$2.60 |
Change
0.190(7.88%) |
Mkt cap ! $1.794B | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.60 | $2.26 | $13.16M | 5.309M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13286 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 392433 | 14 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |