PNV 2.26% $2.59 polynovo limited

PNV - Chart, page-10207

  1. 190 Posts.
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    That's exactly my point - he is looking long term, but if one is looking for the lowest entry point, the market has priced in the 100% revenue increase for this year, and if the business doesn't hit that, then the SP will take some sort of a hit. DW didn't exude confidence that this would occur in 20/21.

    As I said originally, the fundamentals don't change, but for someone like me, who is not committing huge amounts of money getting in at just under $2 v $2.5 makes a big difference. For DW who has significant money in the business and has been on the ride since it was sub .50, then his accumulation points for a medium to long term investment is close to irrelevant.

    I like that he has purchased, it firms up confidence in the medium to long term future, but it certainly doesn't represent a 100% lock that PNV will hit the markets revenue expectation of it this fin year.
 
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