I'm guessing that perhaps they think either it's going to get harder to keep hiring sales people and growing by the same % each year or that they will have captured the easiest part of the addressable market and they could convert distributed markets into direct sales. But I think that addressaable market is underestimated. Perhaps the best indicator is the number of publications about Novosorb. If revenue grows by 50% in 2025 and 2026 then we'd be at $225m not just $180m in 2026
I'm guessing that perhaps they think either it's going to get...
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Last
$2.33 |
Change
-0.120(4.90%) |
Mkt cap ! $1.608B | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.43 | $2.33 | $3.832M | 1.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19462 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 14948 | 5 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |