How is this a good result? The chairman recently said at the AGM that they are expecting double revenue again this FY - actual result 31% increase! There is no predicting the market but if the market was pricing a 100% increase in revenue this year and the result shows only a 30% increase, the SP will go down much further. I also note that in the short term there is no expected uptick in sales.
Also important to note that Q2 21 appears to be flat or a slight decline to Q2 20. Q1 grew 75% and Q1 and Q2 average 30 odd percent - the math is simple.
Ann: Trading Update - H1 FY21, page-43
Add PNV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.59 |
Change
-0.060(2.26%) |
Mkt cap ! $1.788B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.68 | $2.58 | $5.065M | 1.931M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 42339 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.61 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |