PNV 4.12% $2.56 polynovo limited

Ann: Trading Update, page-77

  1. 4,209 Posts.
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    I'm not hurt dude, I have interest in both, probably more than most here. Having unrealistic wishes is for the believers not investors,ie., how many have said $2m or $3m month is just around the corner a few months ago? Fact is, sales have gone backwards, even with EU on tap now. Having said that, obviously COVID19 is not helping one bit at the moment for both companies.

    What I dislike is managements need to be cagey about growth and how they cherry pick the numbers to feed the believers. eg, being 'break even in January', what about Feb or March?
    They have made two mistakes in the last 12 months, buying property and had a great opportunity for a CR in January when investors would have thrown money at them at what ever price DW wanted.

    Don't be a believer, be critical of management of how they are managing your money.
 
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12 14682 $2.56
 

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$2.57 24183 18
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