PNV 0.38% $2.64 polynovo limited

Short Activity in PNV, page-3877

  1. 13,624 Posts.
    lightbulb Created with Sketch. 4845
    In the last squeeze they decided to start covering at $2.14 and had to buy 34.5m shares between $2.14 and $4.01

    That was September to December 2020.

    Whatever PNV was "worth" back then (Revenue $19m), it has to be worth significantly more now (expected Revenue ~$40m) - same SOI.

    At $540k for every one cent increase in the share price, their delay of covering has to be eating up those paper profits.

    ...
    Last edited by kickit2me: 04/08/22
 
watchlist Created with Sketch. Add PNV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.