So true Doc it is a game, and often just a waiting game for the cycle to turn and using the opportunity to smash into cheap shares. DW showed that and put his money into the game big time while calling the shorters bluff. Up nearly 100% since he started buying is a fair indication of what was controlling the price down to under $1. And it was not holders exiting the stock en masse, it was the fake liquidity introduced by short sellers with the intention of driving the price down. As you stated so neatly: "The shorts control the share price (at a massive cost), they don't control the success of the company."
All IMO DYOR
Short Activity in PNV, page-3713
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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 |