Morning all,
We've closed under the daily 200 moving average which for a great company like PNV is nonsensical, this is an excellent indicator for buying at a discount, RSI almost at over sold and the short sellers have lifted off to just 374k which for anyone that thinks 374k is alot let me just say i often watch the order book and almost daily see a 374k sell order 5-10 cents or so above current price, always adjusting their price as price moves up or down, they never seem to get filled which suggests fake selling pressure but i thats just my observation and opinion....
Why would anyone want a great company with great prospects and a very motivated management team push for a lower share price? your guess is as good as mine, but i'd guess 'so they can buy at a lower price'
My med term target price for PNV is around $3. Anyone that was at the AGM or reads the reports will know the management team are heavily incentives to achieve a $3 share price for a consistent period of 3 months if i recall so after that time i would expect them to take some profit and sell some of their holdings but my no means is this the long term price for PNV.
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Morning all,We've closed under the daily 200 moving average...
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Last
$2.54 |
Change
0.120(4.96%) |
Mkt cap ! $1.754B |
Open | High | Low | Value | Volume |
$2.50 | $2.54 | $2.43 | $4.835M | 1.931M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 81780 | $2.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.54 | 5610 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 81780 | 2.520 |
3 | 10984 | 2.510 |
2 | 14823 | 2.500 |
2 | 14823 | 2.490 |
2 | 28063 | 2.480 |
Price($) | Vol. | No. |
---|---|---|
2.540 | 5610 | 4 |
2.550 | 32017 | 8 |
2.560 | 29288 | 5 |
2.570 | 19781 | 3 |
2.580 | 11846 | 3 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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PNV (ASX) Chart |