PNV 1.24% $2.38 polynovo limited

Any negatives or misses to come out from this call? Seems to me...

  1. 240 Posts.
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    Any negatives or misses to come out from this call? Seems to me a bit of a snowball effect occurring here with the virus volatility combining with people selling on news. I will also add there is a high likelihood some significant stop losses have been hit; a similar scenario occurred last year with a large DOW drop followed by a ~20% drop in PNV that corresponding day of trading. This is just noise.

    Growth and run rate is impressive! Can't wait to have some of those EU figures coming in over the next few months. To me $8 million cash on hand seems a strong enough position; management have said sales staff and Hernia will pay for themselves from revenue alone so I don't see the worry over this CR business, it's been reiterated time and time again it won't be necessary.
    Last edited by jkg93: 26/02/20
 
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