The CAGR of 10% is for the total market. Previously Polynovo had indicated that the market was $1B (see Maverick's post on 14/04/20). And before that, a few years ago, the estimate was $800M.
Of course BTM sales are more than doubling, period on period. But this just goes to show how big the market is. A couple of years ago PB was estimating the total addressable market as about $150M. I would think that right now his targeted numbers are much bigger!
Ann: Trading Update, page-139
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 (20min delay)
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Last
$2.05 |
Change
0.040(1.99%) |
Mkt cap ! $1.426B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.08 | $1.99 | $2.210M | 1.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38612 | $2.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 34422 | 4 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| PNV (ASX) Chart |