The trading halt, refer below, this afternoon at 4.18 just after the closing auction probably has some shorts nervous. Nicely played by David IMO.
The FDA approval of the thicker foam is also positive.
The shorts continue to double down and todays number for aggregate shorts on loan is a touch over 72 million. In the workings below I have estimated the number outstanding as 70 million as I think shorts covered on the 7th and 8th as evidenced by the sharp price increase and larger volume.
Hoping David releases another positive announcement Friday morning before the webinar. Maybe record sales in April.
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 (20min delay)
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Last
$1.21 |
Change
0.020(1.69%) |
Mkt cap ! $832.4M | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.23 | $1.17 | $2.070M | 1.719M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24841 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 21540 | 3 |
View Market Depth
| Last trade - 16.18pm 24/06/2025 (20 minute delay) ? |
| PNV (ASX) Chart |