Shortman shows current shorts at around 4.5%, down a little over the month but pretty high all things considered.
Personally I still think it's vulnerable. $1.5B+ valuation for probably less than $30m of revenue. Yes it has great prospects but with the US election coming up some speculative stocks will again be shaken hard imho.
I'm still holding my core parcels of PNV, MSB and OCC but I've taken profits across these smaller bio on the expectation of rebuilding bigger positions at lower prices in the next few months.
PNV - Chart, page-7136
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 (20min delay)
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Last
$2.25 |
Change
-0.050(2.17%) |
Mkt cap ! $1.604B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.34 | $2.25 | $890.5K | 387.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 131 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.26 | 19519 | 22 |
View Market Depth
| Last trade - 13.44pm 15/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |