I'm not sure. I think ongoing funding issues causing cap raises at sharp discounts are providing shorters a way out. eg IMU. Dont think this is necessarily justified in PNV's case but it is the sector sentiment nonetheless.
Short Activity in PNV, page-6213
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Last
$2.37 |
Change
0.080(3.49%) |
Mkt cap ! $1.635B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.44 | $2.31 | $4.848M | 2.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 31280 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 6793 | 3 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |