"used tech companies as they are the ones that tend to have massive losses to generate revenue before turning a profit - mind you many don't get to profit and die first"
except neither microsoft or apple did this. both were incredibly successful immediately
CSL has had nearly a billion annual revenue for 20 years. i question whether you even know how CSL and co underwent expansion. your just assuming they didnt do that the same way you assumed tech companies have massive losses before profit, even though you gave two examples of companies that didnt do that
your examples are so weak and poorly thought out it's like your grasping at straws desperate to defend your argument but your not thinking through what your saying before posting
btw bluechips are successful companies with stable earnings and usually pay dividends. companies whose biggest market is less than 50m dollars annually aren't bluechips. if you think polynovo is even close to transitioning to a bluechip you are woefully misinformed about the life cycle of business and where polynovo is in relation to this. before that transition, there has to be a period of consistent and rapid growth. DW sees this, most holders do, and its why the strategy is what it is.
i recommend you should sell. because you clearly are looking for a bluechip, and youll be waiting a decade for that. took CSL a good couple decades. the company is 109 years old . polynovo started selling in the US 6 years ago. Microsoft and apple the 1970s, resmed 1989
get better examples
PNV Price at posting:
$1.14 Sentiment: Buy Disclosure: Held
(20min delay)