@bedger
If these six (CUV, CCX, PBH, 360, TYR and EML) stocks are below PNV, then PNV should be pretty safe.
I haven't gone through the historical ASX200 index removal, but I can't remember more than a few stocks being removed each quarter - as the stability of the index is also important
But, again even if PNV was to be removed, how many of the ~74m outstanding short positions can be closed from this event?
I just don't understand the shorters play here - there's simply too much risks to the upside for them
and yet the short positions keep building up - go figure!
Short Activity in PNV, page-2429
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Last
$2.45 |
Change
0.010(0.41%) |
Mkt cap ! $1.691B | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.51 | $2.43 | $5.243M | 2.122M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35541 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 2681 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PNV (ASX) Chart |