PNV 0.41% $2.41 polynovo limited

Ann: Trading Update - H1 FY21, page-40

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    Crudely +30% on 2020 numbers would imply ~$28m in annual revenue (assumes each half is even and 30% improvement holds across the year). This is $7m below the estimate mentioned above.

    I am guessing the hope is that we do better than 30% on 2020 based on an acceleration in business over the second half. Feels like the annual number might be $30-32m if we allow for greater sales velocity in the second half of the year. Still pretty good?

    Hold on the basis this may settle below three for a while.
 
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