Shorts will be soaking up the arbitrage IMO. They have been gifted a few relief avenues. Once the sellers dry up - prob after issue date and Xmas that will be the last lifeline before next sales update. Also big hedge money will have reduced enough to make pool of positions smaller and more difficult to pus SP around.
Anyone who is an LTH should just close the rawer and go n holiday. Let the rats fight it out.
Short Activity in PNV, page-5427
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Last
$2.29 |
Change
-0.010(0.43%) |
Mkt cap ! $1.590B | |||
| Open | High | Low | Value | Volume |
| $2.34 | $2.35 | $2.27 | $1.284M | 558.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 9948 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 14713 | 16 |
View Market Depth
| Last trade - 15.19pm 12/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |