The shorts feed on any possible negative sentiment..
so someone posted the hope that the SPP would not only be well over subscribed but that poly would take all the offers...
while this might be good for poly in the short term, a whole lot more cash...
it would hurt the sp ... Greater dilution and more opportunity for the arbitrage players to churn, dragging the SP back to $1.90...
and in response we have shorts having another go...
Short Activity in PNV, page-5411
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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 |