PNV 2.16% $2.36 polynovo limited

Ann: Letter to Shareholders, page-23

  1. 615 Posts.
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    "An announcement would have been approrpiate had the opposite been true, i.e., expected adverse impact of the virus." Had this quote been put out, the price would have probably been at $1.48 right now. I think there's very reassuring new news in this no new news announcement. Good management takes care, proactively, of the market misunderstandings, rumours and miscommunications and that's what Paul Brennan is doing. I am very happy with this guy. His attitude is a winning one. So many winning products have, in the past, failed because of mismanagement or delayed reactive managment. The fall in this market is inevitable but moderating the fall is good managment. I raise my hat to this guy.
 
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