I can still see three drivers of the share price that should all be positive influences on where it tracks from here:
- CE Mark in Europe - is it priced in? is all of it priced in? when will it come?
- ASX200 entry - it takes time for funds to act on this - if I'm not mistaken any fund based around the ASX200 will now need to purchase some PNV stock
- Increasing revenue - although there may be significant variability in the amount, its pretty difficult to see any way the revenue trajectory won't be strongly positive
As for what's happening in the macro - plenty of companies will run against any downturn - I see Polynovo as well insulated against macro movements for a long time yet.
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Last
$2.04 |
Change
-0.030(1.45%) |
Mkt cap ! $1.409B |
Open | High | Low | Value | Volume |
$2.09 | $2.11 | $2.03 | $1.727M | 838.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 299194 | $2.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.04 | 1559 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 294258 | 2.020 |
3 | 6246 | 2.010 |
7 | 31240 | 2.000 |
1 | 1500 | 1.995 |
2 | 2005 | 1.990 |
Price($) | Vol. | No. |
---|---|---|
2.050 | 500 | 1 |
2.070 | 25500 | 2 |
2.100 | 10972 | 2 |
2.110 | 13714 | 2 |
2.120 | 43987 | 4 |
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