PNV 0.78% $2.58 polynovo limited

PNV - Chart, page-16779

  1. 34,338 Posts.
    lightbulb Created with Sketch. 9111
    Finally you hit the nail on the head. I think to bet on Indian market is not a good option.
    Focusing on US, Europe, Japan, HK etc, is top priority. It would not be a good idea to tackle a secondary market via offering a low price.
    Just a friendly reminder, MSB, even FDA approval were received next month, I'd bet they would be struggling to survive in a long run, due to constantly burning substantial cash. They were meant to make hefty cash flow from Japan market...

    PNV, needs to focus on sales, easy to expand 5 times production capacity by 2025 via investing $25m, still has a good chance to succeed, imo.

    Good luck all.
    All imo.
 
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