Not sure if anyone has looked at the company's share trading policy but from what I can tell DW can't buy more shares until they release the full results in late August.
Dealing in Company Securities cannot occur during the following blackout periods: (a) From the period 30 June, until one (1) day after the release of the Company’s Annual Financial Results;
If I am understanding this correctly DW and other directors are forced to sit on the sidelines and watch the price drop. I try not to get caught up in blaming instos/bots/shorters but it is interesting that the price started falling heavily from June 30, when none of the insiders could buy. And we all know a certain chairman enjoys buying the dips. Regardless I have bought some more here and feel pretty confident about the next few years.
Short Activity in PNV, page-796
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Last
$2.43 |
Change
0.080(3.40%) |
Mkt cap ! $1.623B | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.46 | $2.38 | $836.1K | 344.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 10168 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.44 | 26360 | 18 |
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| Last trade - 10.25am 10/09/2024 (20 minute delay) ? |
| PNV (ASX) Chart |