Since early-ish Feb they have added 17M shorts to first push the SP down only to have it back up to this level.
They are now in a far worse position than they were then. Instead of only having to cover 59M then its now 76M.
All while PNV keeps hiring more sales people, more research papers are being published and more doctors are discovering how good BTM is, new uses for BTM are being discovered and hospital access returns to normal and backlogs are being cleared.
Before the SP went to $4 the shorts were only 45M and they covered 30M.
No idea how long this can keep going on for but the more they short the bigger the pop is going to be when it blows.
Since early-ish Feb they have added 17M shorts to first push the...
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Last
$2.58 |
Change
0.020(0.78%) |
Mkt cap ! $1.780B | |||
| Open | High | Low | Value | Volume |
| $2.61 | $2.63 | $2.56 | $2.465M | 952.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10700 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.58 | 24502 | 5 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |