the only thing that's going to sustainably save the share price is a change in strategy to profitable growth (e.g. CSL, RMD COH etc.) but this would require a change in management.
in the meantime management will probably continue living in fairyland and release sales reports when they break "records" - all stuff the market couldn't care a less about because it's all off low bases and at present only showing increase losses
it can just as easily temporarily go up 100% on some unknown miracle announcement as it could halve again if it fails to deliver on the promised increases in revenue
let it spin and take your pick of red or black
the only thing that's going to sustainably save the share price...
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Last
$2.35 |
Change
0.020(0.86%) |
Mkt cap ! $1.622B | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.40 | $2.34 | $2.822M | 1.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13436 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 11159 | 4 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |