PNV 2.25% $2.39 polynovo limited

Mate, take a walk.Who gives a flying fukari rug if they do a cap...

  1. 2,743 Posts.
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    Mate, take a walk.

    Who gives a flying fukari rug if they do a cap raise. It would be so oversubsribed it wouldn't be funny.

    25m raise @ $2.60 would equate to around 9.6m (1.5%) additional shares...or only 2 days trading volume.

    woopdeedoo.

    IMO the company will have annual BTM sales approaching 100m in FY23.

    This will still be only around 5% of the Total addressable market which is growing at 10% p.a.
 
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