PNV 4.74% $2.43 polynovo limited

Ann: Hernia Product Update, page-100

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    Paul Brennan, at the AGM, 13 Nov 2020 Stated:
    https://hotcopper.com.au/data/attachments/3503/3503317-d92532e7d222c9755148e4d06ddee8c6.jpg
    That is included in the ASX announcement on 13 Nov and clearly referred to BTM revenue only.

    We later found out that Oct and Nov sales were “slower than expected”; can he really claim he didnt know that mid Nov??

    Multiple directors started selling at the start of Dec; very nice timing!

    Disappointing sales were then reported 12 Jan 2021. Very slow reporting when they have stated that they knew monthly sales within a few days of the end of month.

    The company is very quick to report positive news and put a positive spin on the outlook, however much slower to report disappointing reality to shareholders.

    Shareholders now need to be very critical about the information the company gives them, imo.
 
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