Ann: FY22 Results Presentation, page-409

So you are saying that because analysts were in consensus on Bloomberg, that Polynovo should show a profit, and that they themselves were wrong, the share price dropped 35%.

That this ""miss" caused massive selling?

I have to say I have a few problems with that ...
1. I don't think many people look to analysts for their investment advice.
2. Doesn't it suggest that the analysts were the ones who got it wrong - by not being able to model lumpy revenue or not understanding Polynovo managements priorities.
3. It completely ignores the shorters, who just happened to be 30% of the selling on Friday.

My previous post was moderated as I shared the Bell Potter guidance I received today. (Look in your inbox PNV holders).

I assume its ok for me to say that BPs guidance from yesterday was an upgraded price target from $1.54 to $1.90 - so they can't have thought the results were too bad could they? And this from one of the analysts that has been way behind the curve on PNV.

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