PNV 3.57% $2.61 polynovo limited

The Clinicians Speak, page-651

  1. 7,821 Posts.
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    It's hard to figure out when CSL became profitable, as I believe it only became a public company in the 90s.

    But seeing as it was founded in 1916, and its profit in 1994 was $18m, I'd guess there was a decent period of growth and development during those 68 years that they were not profitable.

    Favoring growth over profit is kinda the point of a growth stock.

    You are shortsighted.
    https://hotcopper.com.au/data/attachments/5658/5658644-e01610e22300a755d7e25b3f8d3a8ecc.jpg
 
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