It takes time to put lipstick on a pig.
Need to look into detail of what’s being reported, beyond the cherry picked stats.
Previously the company reported when monthly sales exceeded a new $m unit;
They previously reported a $5m sales month;
Today they reported $6m revenue; sales were only $5.45m, little better than the $5.4m sales in sept 22.
They havent reported quarterly sales or revenue, but when calculated it shows poor growth over STLY.
There is no sales or revenue for April, so why a trading halt and announcement now?
Overall a poor sales update, we can guess why it has been delayed until 6 weeks after DW sold.
Ann: NovoSorb MTX First Sales and March 2023 $6m Revenue, page-17
Add PNV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.40 |
Change
-0.030(1.23%) |
Mkt cap ! $1.668B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.43 | $2.38 | $902.2K | 377.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 13772 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 16366 | 19 |
View Market Depth
| Last trade - 13.39pm 16/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |