I think at the end of the day, anyone utilising market tools to try and manipulate prices is going against the spirit of the market, no matter how legal.
Doing it to the detriment of good aussie companies is abhorrent - and that's what is happening.
Concerted shorting attacks - to the tune of a quarter of daily volume every day for over a year - will negatively affect market cap. If we needed a cap raise, this would impact the bottom line of our company.
An Australian company developing a product that is saving lives and reducing suffering (and donating this product to international disasters such as White Island, possibly Ukraine, etc).
Defend all you want. Doesn't make it right.
And doesn't mean I'm not going to enjoy watching these snakes attempt to close their positions, and burn each other in the process.
Short Activity in PNV, page-2955
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Last
$2.43 |
Change
-0.090(3.57%) |
Mkt cap ! $1.678B | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.50 | $2.43 | $2.311M | 940.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17100 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 5973 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |