This short attack has been pretty successful for them I'd imagine - certainly in terms of the share price - and certainly on the back of a PFR that was pretty much as projected.
They possibly got very lucky with the US situation - but perhaps they anticipated that.
But their battle is a long way from won.
44m still short leading up to Friday.
Only 15m total volume Friday and today.
1.7m new shorts added Friday.
Xm new shorts added today.
So where are they at now? 40m? 35m?
That's still a LOT of shorts to cover in the face of Polynovo having quite a few upcoming pieces of news.
....
Short Activity in PNV, page-4306
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Last
$2.04 |
Change
-0.030(1.45%) |
Mkt cap ! $1.409B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.11 | $2.03 | $1.727M | 838.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 299194 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 1559 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PNV (ASX) Chart |