The CAGR of 10% is for the total market. Previously Polynovo had indicated that the market was $1B (see Maverick's post on 14/04/20). And before that, a few years ago, the estimate was $800M.
Of course BTM sales are more than doubling, period on period. But this just goes to show how big the market is. A couple of years ago PB was estimating the total addressable market as about $150M. I would think that right now his targeted numbers are much bigger!
Ann: Trading Update, page-139
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Last
$2.33 |
Change
-0.035(1.48%) |
Mkt cap ! $1.615B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.38 | $2.30 | $1.200M | 513.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 37753 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 17580 | 24 |
View Market Depth
| Last trade - 12.35pm 08/08/2024 (20 minute delay) ? |
| PNV (ASX) Chart |