PNV 1.24% $2.38 polynovo limited

Hi Strangelogic. Don't disagree with you about investment in...

  1. 221 Posts.
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    Hi Strangelogic. Don't disagree with you about investment in future growth at least matching current growth. The thought I was following is that the performance of the company is being gauged by reported sales growth as summarised in kickit2me's graph, and the graph is $A sales, so what impact has the rise in the $A exchange rate (below 60c in early 2020 and now around 75c) had on reported sales when the majority of sales are in the US? PNV may in fact be performing better than the current growth rate suggests. For example $1m US sales at 60 cents = $A1666, and at 75 cents $1m US = $A1326. Am I wrong in my thinking?
 
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